decreased by $8,000 for the period none of these 19. The balance sheet and the income statement for a company as of the end of a period complement each other in that the income statement reflects the financial position as of the end of the period, as does the balance sheet the balance sheet and income statement both reflect the results of operations for a period of time. the balance sheet reflects the results of operations for the period and the related income statement reflects the financial position at the end of that period. the income statement shows the results of operations for the period, and the related balance sheet reflects the financial position at the end of that period. Given the following information: Capital contributions $ 5,000) Revenues Dividends 45,000 2,000