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  3. the main difference between a classified and a non

The main difference between a classified and a non-classified Balance Sheet is: ...

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Accounting

The main difference between a classified and a non-classified Balance Sheet is:
The classified Balance Sheet separates the assets and liabilities sections into current and non-current subsections
A classified Balance Sheet can only be seen by a company's owners; whereas a non-classified Balance Sheet is available to the public
The non-classified Balance Sheet typically contains more detail than does a classified Balance Sheet
The heading at the top of the Balance Sheet that includes the company name and date will specify whether the Balance Sheet is classified or non-classified

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