What is the correct order for the title of a balance sheet?

In financial reporting, the title of a balance sheet is structured to provide clarity and organization. The order is critical as it ensures that anyone viewing the document can quickly identify the key elements: the entity being reported on, what the report is, and the time frame it covers.

The correct order begins with the company's name, which clearly indicates which entity the financial information pertains to. Following the company name, the report type is specified, which in this case is the "Balance Sheet." Lastly, the date at the end identifies the specific point in time for which the financial snapshot is relevant, usually formatted as the last date of the reporting period. This sequence helps maintain consistency and professionalism in financial documents, making it easier for readers to understand the information presented.

This structured approach aligns with commonly accepted practices in financial reporting, giving it clarity and making it user-friendly for stakeholders such as investors, regulators, and management.