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What is the statement of the assets, liabilities, and net worth of a firm or individual at some given time called?.
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What is the statement of the assets, liabilities, and net worth of a firm or individual at some given time called?.

User Ikary
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Answer: The Balance Sheet

Explanation: The Balance Sheet lists the assets, liabilities, and equity of a firm at a given point in time. It follows the structure of the accounting equation: Assets = Liabilities + Equity.

User Baard
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