Choose one of the financial statements that were covered in this module: The Balance Sheet, The...

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Finance

Choose one of the financial statements that were covered in thismodule: The Balance Sheet, The Statement of Operations, TheStatement of Changes in Net Assets, or the Statement of Cash Flows.In your own words, explain what important information it providesand why it is necessary. Refer to your chosen topic and referenceits relevance. Lastly, can you think of some important informationnot included on your chosen statement? Why do you think the otherfinancial statements are needed?
In your follow-up post, choose a student's post with an opposingperspective and discuss your position.

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Balance Sheet Balance sheet is part of financial statement issued by business informing the readers the amount of assets liabilities and equity held by the entity as of balance sheet date The main purpose of balance sheet is to give See Answer

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