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1. In general, how are the Assets on the balance sheet presented? 2. How are the assets valued, in other words are they market values?

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1. In general, how are the Assets on the balance sheet presented? 2. How are the assets valued, in other words are they market values? 3. What is the basic format of the balance sheet? 4. What does A = L + E mean? 5. How is depreciation of plant and equipment reflected on the balance sheet? 6. Why do retained earnings on the equity side, not have to equal cash on the asset side 7. What is the balance sheet designed to tell you about a corporation

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