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9 March, 23:25

What is the main difference between the account form and the report form of the balance sheet?

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  1. 10 March, 02:11
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    The account form has two columns, set side by side. The left column lists the company's assets. The final line on the left side of the sheet provides the total value of all assets. The column on the right lists both liabilities and equity, with liabilities coming first.
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