Which is the best description of a balance sheet?(1 point)

Responses

a comparison of revenue to SG&A and COGS
a comparison of revenue to SG&A and COGS

a statement that balances assets to liabilities and equity
a statement that balances assets to liabilities and equity

a statement listing retained earnings
a statement listing retained earnings

a list of outstanding debt compared to revenue

a statement that balances assets to liabilities and equity

The best description of a balance sheet is: a statement that balances assets to liabilities and equity.