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Which of the following is FALSE regarding the balance sheet? Multiple Choice The balance sheet reports the balances of accounts such as short-term investment, unearned revenue, common stock, and income tax experte The balance sheet reports the amount of assets, liabilities, and stockholders equity of an accounting entry to point in time O The total assets on the balance sheet equals the total liabilities and stockholders' equity The retained earnings balance shown on the balance sheet must agree with the ending retained earnings balance shown on me sementerende