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18 July, 17:18

The Is financial statements detailing a firm assets liabilities and owners equality

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  1. 18 July, 17:32
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    A balance sheet

    Explanation

    A statement of financial position / a balance sheet is a financial statement that gives a report on a company's assets, liabilities and a difference in their totals. This statement is a reflection of cost matching and full disclosure principle procedures that is practiced in accounting.
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