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  3. you know that the accounting equation is a = l + o

You know that the accounting equation is A = L + OE. You know that...

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Accounting

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You know that the accounting equation is A = L + OE. You know that the balance sheet is a "snapshot in time." You know that it is important to study the balance sheet of a company when making a decision to invest in that company. So, if you were an investor, what would you look for in the balance sheet, and how would you know if the statement you were reading was telling the whole story

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