Which could be the heading of Carrie's balance sheet? Carrie's Balance Sheet (January 1, 2021)
Carrie's Balance Sheet (January)
Carrie's Balance Sheet (Friday, January 3)
O Carrie's Balance Sheet (January 2011 – January 2021)

Carrie's Balance Sheet (January 1, 2021)

Explanation:

A Balance sheet should be based on a particular day so that the records contained in it can be specific as of the day the balance sheet was made.

This is done because having a general date might be confusing as many transactions could take place in that period and there will be some confusion as to which ones need to be recorded and which do not. A specific date however, shows the events that have happened up until that very day.

A. Carrie's Balance Sheet (January 1, 2021)

edge 2021

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