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Discuss what is the importance of Balance Sheet

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Reference no: EM132709722

Question - Define the following based in own understanding

1. Assets

2. Liabilities

3. Capital

4. Current Assets

5. Non-current Assets

6. Current Liabilities

7. Non-current Liabilities

8. Operating cycle

9. Cash equivalent

10. Negotiable instrument

11. Discuss what is the importance of Balance Sheet?

Reference no: EM132709722

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