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The balance sheet a. reports the assets, liabilities, and stockholders equity at a specific date. b. presents the revenues and expenses for a specific period

The balance sheet

a.

reports the assets, liabilities, and stockholders equity at a specific date.

b.

presents the revenues and expenses for a specific period of time.

c.

summarizes the changes in retained earnings for a specific period of time.

d.

reports the changes in assets, liabilities, and stockholders equity over a period of time.

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