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The main purpose of a balance sheet is to _____. comply with IRS laws obtain a bank loan show a business's financial state show profits earned

User Nikkita
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The main purpose of a balance sheet is to show a business's financial position.
User Ksempac
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Answer:

show a business's financial state

Step-by-step explanation

Balance sheet contains the income and expenditure of the various activities in the company

Balance sheet helps in showing the financial state of a business . It helps

In telling if the business is running at a profit or loss.

User Amyn
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