Question: What is the key difference between a firms income statement and its balance sheet? What is listed on the left side of a balance sheet?

What is the key difference between a firm’s income statement and its balance sheet? What is listed on the left side of a balance sheet? What is listed on the right side?

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What is the key difference between a firm's income statement and its balance sheet? What is listed on the left side of a balance sheet? What is listed on the right side?

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