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  • Oct 26, 2008, 10:08 AM
    sl2356s
    Financial Statements
    Which accounting statement refers to a specific date or moment, and not to a period? Which statement reflects the financial position of a company at any given time
  • Oct 26, 2008, 02:11 PM
    pready

    A balance sheet shows the financial position of a company at a specific point in time.

    The income statement shows the operating results of a company over a period.

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