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Q: Why is it important to classify assets and liabilities? The total assets and liabilities do not change on a classified balance sheet versus a
Q: Why is it important to classify assets and liabilities? The total assets and liabilities do not change on a classified balance sheet versus a regular balance sheet. Isnt it more confusing to the user?
Q: Why doesnt Income Summary appear on any financial statement?
Q: Who or what kind of organizations are most interested in a companys current ratio?
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