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Kindye Mekuriaw
on Oct 30, 2024

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Arya wants to produce a financial report that shows the amounts the company owes,what it owns,including the shareholders' stake at a particular date in time.She wants to produce a/an ______.

A) balance sheet
B) bookings order
C) accounts receivable sheet
D) income statement

Shareholders' Stake

The interest or share that an individual has in a company as determined by the number of shares owned.

Financial Report

A formal record of the financial activities and position of a business, person, or other entity, often audited and presented in a structured manner.

Balance Sheet

A financial statement that shows what the company owes, what it owns, including the shareholder’s stake, at a particular point in time.

  • Understand the components and purpose of a balance sheet.
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Abrar AlarajNov 01, 2024
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