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Investment at cost of a company is to be disclosed under

Investment at cost of a company is to be disclosed under
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Trading accounts
  • B Profit and loss account
  • C Balance sheet
  • D Source and application of fund
Correct Answer: Option C
Explanation:
A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity. The balance sheet is one of the three (income statement and statement of cash flows being the other two) core financial statements used to evaluate a business.

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