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28 March, 06:12

Known liabilities of estimated amounts are

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  1. 28 March, 07:51
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    Known liabilities of estimated amounts are: Reported on balance sheet

    In accounting, balance sheet represents an overview of total assets, liability, and owner's equity within a financial period.

    A number of Assets that written on the balance sheet should be equivalent to the amount of Liabilities + Owner's equity
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