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What is the purpose of a balance sheet? A. to the comprehensive income of a company at a specific point in time B. to show

What is the purpose of a balance sheet?

A.

to the comprehensive income of a company at a specific point in time
B.

to show the financial position at a specific moment in time
C.

to show the financial position during a period of time
D.

to show the results of operations at a specific point in time

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