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Financial Accounting

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Accounting 1

Accounting 1 Quick Review Guide. Browse and download thousands of educational eBooks, worksheets, teacher presentations, practice tests and more at http://www.Examville.com

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The balance sheet is a snapshot at a single point in time of the company's accounts - covering its assets, liabilities and owners' equity. The purpose of the balance sheet is to give users an idea of the company's financial position along with displaying what the company owns and owes.

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