Balance sheet provides a view of values of the entity at a point in time i.e. how much is in the bank or how much is owed to suppliers.
Profit & loss report shows revenues and expenses between two points in time. Typically, the difference is the profit.
Accounts receivable or trade debtors report is used to show the amounts outstanding and still to be collected.
Accounts payable or trade creditors report is used to show the amounts outstanding to suppliers and still to be paid.