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What is transferred from the balance sheet to the equation analysis sheet?

a) Assets and liabilities
b) Revenue and expenses
c) Owner's equity
d) Dividends

1 Answer

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Final answer:

Items transferred from the balance sheet to the equation analysis sheet are assets and liabilities which demonstrate the financial stance of a business.

Step-by-step explanation:

On a balance sheet, the items that are transferred to the equation analysis sheet are assets and liabilities, as they represent the financial position of the business at a specific point in time. Assets include things of value that the business owns, such as cash, inventory, and property. Liabilities represent debts or obligations that the business owes, like loans or accounts payable. The net worth, or owner's equity, is calculated by subtracting liabilities from assets.

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