Difference between balance sheet and statement of operation

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Reference no: EM131307895

1- Discuss the content of Balance sheet and highlight major difference between Balance sheet and statement of operation?

2– Outline difference between Cash Basis and Accrual Basis methods of transaction record?

Note: each answer of each question should be at least 50 words and answers should be in your own words.

Reference no: EM131307895

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