A. Using the letters above, identify all of the financial statement elements that describe levels...
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Accounting
A. Using the letters above, identify all of the financial statement elements that describe levels or amounts of resources or claims to or interests in resources at a moment in time.
Asset
Liability
Equity
B. Using the letters above, identify all of the financial statement elements that describe effects of transactions and other events and circumstances that affect an entity during intervals of time (periods).
Investments by owners
Distributions to owners
Comprehensive income
Revenue
Expense
loss Gain
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