The section of the balance sheet that changes with the type of company is:owners' equityO current liabilitiesassetsO long term liabilities

Balance Sheet is the statement showing financial position of the…

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changes with the type of company is:

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter12: Financial Statements, Closing Entries, And Reversing Entries

Section: Chapter Questions

Problem 4DQ

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The section of the balance sheet that changes with the type of company is:
owners' equity
O current liabilities
assets
O long term liabilities

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