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Why does an organization prepare a Balance Sheet?
ОА. to reveal what the organization owns and owes at a point in time
to reveal how well the company utilizes its cash
OB. to reveal how well the company utilizes its cash
OC. to calculate retained earnings for a given accounting period
OD to calculate gross profit for a given accounting period

User Iqbal
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20 votes

Answer:

OD

Step-by-step explanation:

User Rahul Bohare
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