a statement showing a trader's financial position as at a particular date is an

A statement showing a trader's financial position as at a particular date is a balance sheet. A balance sheet is a financial statement that presents a snapshot of a company's financial position at a specific point in time by showing its assets, liabilities, and equity. The purpose of the balance sheet is to give stakeholders an idea of the company's financial position and to provide insights into the company's liquidity, solvency, and financial strength. The balance sheet is a crucial document for investors, creditors, and management as it helps them make informed decisions about the company's financial position and future prospects.