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The financial statement that provides a snapshot view of the financial condition of a business at a point in time is the:

Sagot :

ayfat23

Answer:

balance sheet

Explanation:

Balance sheet can be regarded as financial statement which gives reports of the liabilities, equity of shareholders as well as assets of the company at a specific point in time, It provides a basis that can be used in computing rates of return as well as evaluating its capital structure.

It should be noted that balance sheet is

financial statement that provides a snapshot view of the financial condition of a business at a point in time

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