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  • Balance Sheet

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    Dahyun Dahyun
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    The balance sheet provides a snapshot of a company's financial position on a given date by listing assets, liabilities, and shareholders' equity in a double-entry accounting format. It shows the values of what the company owns (assets), what it owes (liabilities), and the residual value belonging to its shareholders (shareholders' equity).

    Original Description:

    reviewer in accounting

    Original Title

    AC7

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    The balance sheet provides a snapshot of a company's financial position on a given date by listing assets, liabilities, and shareholders' equity in a double-entry accounting format. It shows the values of what the company owns (assets), what it owes (liabilities), and the residual value belonging to its shareholders (shareholders' equity).

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    7 views1 page

    Balance Sheet

    Uploaded by

    Dahyun Dahyun
    The balance sheet provides a snapshot of a company's financial position on a given date by listing assets, liabilities, and shareholders' equity in a double-entry accounting format. It shows the values of what the company owns (assets), what it owes (liabilities), and the residual value belonging to its shareholders (shareholders' equity).

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 1

    Balance Sheet

    Statement of the financial position of the


    hospitality establishment on a given date,
    giving the account balances for assets,
    liabilities, and ownership equity

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