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A balance sheet is a document that shows incoming and outgoing cash for a given period. True or false

A balance sheet is a document that shows incoming and outgoing cash for a given period. True or false
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A balance sheet is a document that shows incoming and outgoing cash for a given period. True or false

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User Cat Burston
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Answer: True

A balance sheet shows what a company owns in the form of assets and what it owes in the form of liabilities.

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User Manojpt
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