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Unit 5.4: Revision questions financial statements

Q1Fill in the gapsThe _____________________ of _______________________ _________________ lists the value of everything the business owns (______________) and owes (___________________). It shows what the business is ______________on a particular day. It also shows shareholders’ _______________, which is the amount _________________ in the business by shareholders on that day. To show when the business was valued, the...

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