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Which Accounting Statement Refers To A Specific Date Or Moment, And Not A Period Of Time?
Is it income statement? Or balance sheet and income statement?
asked 5 months ago
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BALANCE SHEET is an itemized statement that lists the total assets and the total liabilities of a given business to portray its net worth at a given moment of time. The amounts shown on a balance sheet are generally the historic cost of items and not their current values.
answered 5 months ago
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thank you!!
comment made by Beautifulv 5 months ago
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