Describe the purpose of the balance sheet


Discussion: Accounting And Finance

1) Describe the purpose of the balance sheet and how this information is useful to the stakeholders of the corporation.

2) Describe the information presented on the statement of cash flows. Why is this information important for the stakeholders of a corporation?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Describe the purpose of the balance sheet
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