[GNC] Balance sheet report period

[Christopher Lam]

Or, you could download 3.6 and test the new experimental multi date balance
sheets :-)

On Wed., 3 Jul. 2019, 21:37 Rich Shepard, <rshepard at appl-ecosys.com> wrote:

> On Wed, 3 Jul 2019, benny.webster at gmail.com wrote:
>
> > The balance sheet is a snapshot in time. It reflects the asset, liability
> > and equity account balances as of the date you choose. Compare two or
> more
> > balance sheets to see how those balances change over time (eg. month-end
> > to month-end or year-end to year-end). Income and cash flow statements
> > cover a period of time and should reflect the changes in the balance
> sheet
> > accounts.
>
> Benny,
>
> That makes sense. Since I'm not an accountant I did not recognize that it's
> a snapshot and thought it represented an unspecified time range up to the
> current (or otherwise selected) date.
>
> Thanks for clarifying,
>
> Rich
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