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    Understanding Business
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    Exam 17: Understanding Accounting and Financial Information
  5. Question
    Barkatorium's Balance Sheet Shows: What the Business Owns, Minus What
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Barkatorium's Balance Sheet Shows: What the Business Owns, Minus What

Question 123

Question 123

True/False

Barkatorium's balance sheet shows: what the business owns, minus what the business owes, which equals the book value (or net worth) of the business.

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