What Financial statement that shows the assets, liabilities and equity of the business?
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What Financial statement that shows the assets, liabilities and equity of the business?
What Financial statement that shows the assets, liabilities and equity of the business?
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Answer:
Balance sheet
The balance sheet displays the company's total assets, and how these assets are financed, through either debt or equity. It can also be referred to as a statement of net worth, or a statement of financial position. The balance sheet is based on the fundamental equation: Assets = Liabilities + Equity.
Explanation:
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