Which of the following statements is/are true regarding the balance sheet?
A.
One cannot determine the true “current value” of a company by reviewing just its balance sheet.
B.
Certain assets that are not acquired through identifiable and measurable transactions are not reported on a company’s balance sheet.
C.
A balance sheet shows only the ending balances, in a summarized format, of balance sheet accounts in the accounting system as of a particular date.