Which of the following is false regarding the balance sheet?

a$.$ The accounts shown on a balance sheet represent the basic accounting equation for a particular business entity.

b$.$ The retained earnings balance shown on the balance sheet must agree with the ending retained earnings balance shown on the statement of stockholders' equity.

c$.$ The balance sheet reports the changes in specific account balances over a period of time.

d$.$ The balance sheet reports the amount of assets, liabilities, and stockholders' equity of an accounting entity at a point in time.