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December 8, 2021

Research the importance of the balance sheet and discuss the benefits of the financial statement

General Questions

Research the importance of the balance sheet and discuss the benefits of the financial statement.

Choose one of the following topics and discuss why it is necessary for shareholders to receive accurate information concerning the account and how you would ensure the information is accurate (what steps would you take).

Cash.

Inventory.

Fixed assets.

Liabilities.

Equity.

Please include one quality academic source. Students can utilize the following:

Strayer Library.

Academic articles.

AICPA.

Financial Accounting Standards Board (FASB).

PwC.

EY.

Deloitte.

American Accounting Association.

KPMG.

Other government websites.

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