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10 cards from this deck
Statement of financial position
What the business owns (assets) & how it's financed
Items owned & used for more than one year
Items held for less than one year
Amounts owed that must be paid within one year
Current Assets - Current Liabilities
Fixed Assets + Working Capital
Long-term Liabilities + Equity Capital
Total value of shares actually sold to shareholders
They can serve as security or collateral
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