As of January 1 of the current year

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

one of the appeals of a sole proprietorship is that business expenses are kept separate from your personal income tax return