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Thursday, 02 April 2026
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A balance sheet shows only

A balance sheet shows only
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Fixed assets and current assets
  • B Assets and long term liabilities
  • C Assets and liabilities
  • D Assets and capital
Correct Answer: Option C
Explanation:
A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity.

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