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Balance Sheet of Electricity Company is presented in________ Schedule Ill Format Three Parts Four Parts Five Parts" |
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Answer» 3 partsExplanation:As an overview of the company's financial position, the balance sheet consists of three major sections: (1) the assets, which are probable FUTURE economic BENEFITS OWNED or controlled by the entity; (2) the liabilities, which are probable future sacrifices of economic benefits; and (3) the OWNERS' equity, calculated as ...Hope its helpfull |
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