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QUESTION IMAGE

the three parts of a balance sheet heading are ______. name of business…

Question

the three parts of a balance sheet heading are ______.
name of business, name of financial statement, date
assets, liabilities, owners equity
month, day, year
none of the above

Explanation:

Brief Explanations

A balance sheet heading must first identify the business, state the document is a balance sheet, and specify the date the balance sheet applies to. The other options either list the main sections of the balance sheet itself or just date components, not the heading parts.

Answer:

name of business, name of financial statement, date