natedawg7x natedawg7x

30-05-2019
Mathematics

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The balance sheet contains these three elements of a business

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kitty0832 kitty0832

30-05-2019

Answer:

The balance sheet consists of three major elements: assets, liabilities and owners' equity. The object of the statement is to prove true the accounting equation, "Asset = Liabilities + Owner's Equity."

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