Question: If facts cannot be expressed in monetary terms, they cannot be reported on a balance sheet. Which of the following facts could be learned by

If facts cannot be expressed in monetary terms, they cannot be reported on a balance sheet. Which of the following facts could be learned by reading a balance sheet of Able Company?

A. How much cash Able Company has B. The health of the president of Able Company C. How much money Able Company owes D. The value of inventories held E. How many automobiles Able Company owns

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