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The balance sheet reports the assets, liabilities, and stockholders' equity at a specific date. reports the changes in assets, liabilities, and stockholders' equity over

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The balance sheet reports the assets, liabilities, and stockholders' equity at a specific date. reports the changes in assets, liabilities, and stockholders' equity over a period of time. Osummarizes the changes in retained earnings for a specific period of time. presents the revenues and expenses for a specific period of time.

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