What is the purpose of a balance sheet

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Questions -

Q1. What is the purpose of a Balance Sheet?

Q2. What are the typical categories and sub-categories for a balance sheet?

Q3. What is an intangible asset?

Q4. What is the purpose of an income statement? What are the typical categories and sub-categories for an income statement?

Q5. What is unearned revenue and when does it occur?

Q6. What is the purpose for the statement of Cash Flows?

 

 

Reference no: EM132641539

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