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Balance Sheet Final

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Balance Sheet lecture
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  Balance sheet Group 2 Members:  Abanto, Nikko Adrien Inductivo, Kian Carlo Martin, Duran Toledana, Donato Vinluan, Gilbert  Balance Sheet  What is a Balance Sheet?   - The balance sheet is a financial statement that shows what the business is worth at one point in time. -the basis for ratio analysis, to determine the liquidity of a business. Liquidity-essentially the ability to pay one's debts in a timely manner.  Format of the Balance Sheet  Vertical Balance Sheet all line items are presented down the left side of the page. Begins with asset line items, followed by liability line items, and ending with shareholders' equity line items
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