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Which ONE of the following statements correctly describes the contents of the Statement of Financial Position? A. A list of ledger balances shown in debit

Which ONE of the following statements correctly describes the contents of the Statement of Financial Position? A. A list of ledger balances shown in debit and credit columns B. A list of all the assets owned and all the liabilities owed by a business ABCD C. D. A record of income generated and expenditure incurred over a given period A record of the amount of cash generated and used by a company in a given period

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