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Which of the following statements is/are true? The balance sheet will show changes in assets, liabilities & stockholders equity over a period of time. External
Which of the following statements is/are true? The balance sheet will show changes in assets, liabilities & stockholders equity over a period of time. External users of accounting information include present and potential stockholders, bankers and other creditors, and the companys management. The three types of business activities are financing, investing, and retailing. The amount of earnings distributed to stockholders can be found on the income statement An advantage of incorporating a business is that the owners of the company have limited liability
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