The correct answer is (d) Balance sheet.
On the basis of ledger balances, the balance sheet is prepared. The balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It presents the assets, liabilities, and owner's equity of a business, showing the balances of various accounts from the general ledger. The balance sheet helps to assess the financial health, solvency, and liquidity of a company by displaying what it owns (assets), what it owes (liabilities), and the owner's investment in the business (owner's equity).
