Which of the following financial statements shows a company's financial position on a particular date?

A) Statement of changes in retained earnings
B) Income statement
C) Statement of cash flows
D) Balance sheet

Financial Statements

Records that outline the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Financial Position

An overview of a company's financial situation, encompassing its assets, liabilities, and equity at a specific point in time.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period, indicating the financial performance.