A security analyst states: The classification of accounts in the right-hand side of the balance sheets as
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A security analyst states: "The classification of accounts in the right-hand side of the balance sheets as liabilities or shareholders" equity no longer makes sense." What did the security analyst have in mind when making this statement? Suggest an alternative classification scheme.
(Appendix)
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Financial Accounting An Introduction To Concepts Methods And Uses
ISBN: 9780030259623
9th Edition
Authors: Clyde P. Stickney, Roman L. Weil
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