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Which of the following statements accurately describes the balance sheet? Check all that apply. -Allows assets to exceed liabilities plus equity if the company's stock

Which of the following statements accurately describes the balance sheet? Check all that apply.

-Allows assets to exceed liabilities plus equity if the company's stock price has grown rapidly

-Shows operating performance over a period of time

-Uses "current" to mean an account with an expected life of less than a year

-Shows operating performance on a specific date

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