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30 October, 17:02

What is the correct order for the balance sheet?

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  1. 30 October, 18:30
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    The correct order for the balance sheet is:

    1. assets (includes all the things with financial values that the company owned)

    2liabilities, (all the responsibilities that the company have to pay in the future)

    3. owners' equity (Total assets minus total liability, indicate the net financial value of the company)
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