Answer:
The correct answer is C
Step-by-step explanation:
Balance sheet is the one of the financial statement, which reports the assets, shareholders' equity and liabilities of the company, at a particular point in time or particular period or year. This financial statement states or offers the basis or grounds for evaluating the return rates as well as computing the capital structure.
The balance sheet offers the snapshot of the accounts of the company which is at a given point in time.