Monday 11 December 2017

ACCT 304 week 2 Discussions

ACCT 304  week 2 Discussions
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Balance Sheet: Purpose and Uses (graded)
Hello class;
The balance sheet is one of the first financial statements I turn to when reviewing a company. You can learn a lot about a company by looking at its balance sheet.
The balance sheet is also called the statement of financial position. Why is this? What is the purpose of the balance sheet?

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