Question: Why is a balance sheet an important financial statement? a . because it lets people know whether a company made or lost money b .

Why is a balance sheet an important financial statement?
a.
because it lets people know whether a company made or lost money
b.
because it explains how much moneyisretained and reinvested in the company
c.
because it lists all the assets,liabilities, and owner's equity of a company
d.
because it shows how much money came into the company and how much went out'

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