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Balance Sheet (Owners Equity == Total Assets - Total Liabilities (Retained…
Balance Sheet
Owners Equity
== Total Assets - Total Liabilities
PLUS
Retained Earnings
MINUS
DIVIDENDS
Net Income
MINUS
EXPENSES
REVENUES
Contributed Capital
Total Assets
== Total Liabilities + Owners Equity
Current Assets
Cash
Receivables
Inventory
Raw Materials
Finished Goods
Work in Process
Prepaid
Long Term Assets
Total Liabilities
== Total Assets - Owners Equity