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A Balance Sheet Lists

Question 41

Multiple Choice

A balance sheet lists:


A) The types and amounts of the revenues and expenses of a business.
B) Only the information about what happened to equity during a specific time period.
C) The types and amounts of assets,liabilities,and equity of a business at a specific date.
D) The inflows and outflows of cash during a specific time period.
E) The assets and liabilities of a business but not the equity.

Correct Answer:

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