What best describes a Balance sheet? Select one: O a. Statement that focuses on the company's revenues and expenses during a particular period. b. Statement of the assets, liabilities, and capital of a business or other organization at a particular point in time. c. Statement detailing financial transactions of a business, to be used for future reconciling of and transfer to other official accounting records, such as the general ledger. O d. Statement that summarizes the amount of cash & cash equivalents entering and leaving a company