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Give examples of transactions that would show up on a firm's income statement. Give examples of transactions that would show up on a firm's balance

Give examples of transactions that would show up on a firm's income statement.
Give examples of transactions that would show up on a firm's balance sheet.
Is the following statement true or false: all transactions that show up on a firm's income statement need a time dimension but all transactions that show up on a firm's balance sheet represent a snapshot in time.
If Sofia has equity in her house equal to $120,000, what does that mean?
Do we find the value of a firm's equity on its balance sheet or its income statement?
How do we measure net income?
If a firm's net income is positive, what happens to a firm's equity?
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