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Which financial statement reports elements that describe changes in assets and liabilities?

User JackW
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A balance sheet is a financial statement that reports a company's assets, liabilities, and shareholder equity. The balance sheet is one of the three core financial statements that are used to evaluate a business. It provides a snapshot of a company's finances (what it owns and owes) as of the date of publication.
If that answer doesn’t help try Income statement will be another answer for option. I hoped this helped!
User Subhasis Das
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