Asked by Sarah-Cate Parker on Jun 19, 2024

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A ___________ balance sheet lists the financial condition for two or more years in a side-by-side manner.

A) corresponding
B) derived
C) comparative
D) conclusive

Comparative Balance Sheet

Financial statement that presents the financial position of a company at different points in time, side-by-side, to enable comparative analysis.

Financial Condition

The state of a company's assets, liabilities, and equity, as represented in its financial statements, indicating its ability to generate cash and profits.

  • Gain insight into the components and organization of the cash flow statement.
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Sarper Ek?io?luJun 24, 2024
Final Answer :
C
Explanation :
A comparative balance sheet presents the financial position of a company over multiple periods side by side, facilitating the comparison of figures across different years.