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CHAPTER 5 UNDERSTANDING BALANCE SHEETS Presenter’s name Presenter’s title dd Month yyyy.
Basic Concepts of Financial Accounting
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McGraw-Hill/Irwin © The McGraw-Hill Companies, Inc., 2003 All rights reserved. Clinic 1-1 Accounting Clinic I.
Introduction to Financial Reporting COPYRIGHT ©2007 Thomson South-Western, a part of the Thomson Corporation. Thomson, the Star logo, and South-Western.
UNDERSTANDING BALANCE SHEET
Accounting Clinic I
Chapter 8
UNDERSTANDING BALANCE SHEET 1Đặng Thị Thu Hằng. ELEMENTS OF THE BS The balance sheet: reports the firm’s financial position at a point in time. The BS.