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Which of the following statements is not true? the balance sheet provides information about a business' assets and the claims against those assets retained earnings
Which of the following statements is not true? the balance sheet provides information about a business' assets and the claims against those assets retained earnings represents the profits of a business for the current year assets are the economic resources of the business the income statement is a report on the profitability of business operations during a specified period of time more than one of the above statements is not true
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