154. Which of the following financial statements show the financial health of an organisation at a stated point of time?

Balance sheet
Trading and Profit & Loss account
Cash flow statement
Statement of retained earnings
✅ The correct answer is A.
Balance sheet financial statements show the financial health of an organisation at a stated point of time. A balance sheet is a financial statement that reports a company’s assets, liabilities and shareholders’ equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure.

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