Balance Sheet Date - Web it is typically presented in a comparative format, such as for example, as of 31 december 20x1 and 31 december 20x0. The balance sheet contains information as of a specific date, rather than for a reporting range, since it only contains information about the status of an entity's assets. Web the balance sheet date is a date as of which the information in a statement of financial position is stated. Assets in the balance sheet are divided into two categories based on their nature and accounting classification: This date is usually the end of a month, quarter, or year.
This date is usually the end of a month, quarter, or year. The balance sheet contains information as of a specific date, rather than for a reporting range, since it only contains information about the status of an entity's assets. Assets in the balance sheet are divided into two categories based on their nature and accounting classification: Web the balance sheet date is a date as of which the information in a statement of financial position is stated. Web it is typically presented in a comparative format, such as for example, as of 31 december 20x1 and 31 december 20x0.