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The balance sheet is also called the statement of financial

Question - The balance sheet is one of the first financial statements I turn to when reviewing a company. You can learn a lot about a company by looking at its balance sheet. The balance sheet is also called the statement of financial position. Why is this? What is the purpose of the balance sheet?

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Accounting Basics: The balance sheet is also called the statement of financial

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Accounting Basics: The balance sheet is also called the statement of financial

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