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The living balance sheet and the living balance sheet logo are registered service marks of the guardian life insurance company of america guardian new york ny. Joico color balance purple shampoo eliminates brassyyellow tones on blondegray hair. One of the most common accounting errors that affects a balance sheet is the incorrect classification of assets and liabilities.

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A balance sheet reports a companys assets liabilities and shareholders equity at a specific point in time and provides a basis for computing rates of return and evaluating its capital. The balance sheet is based on the accounting equation that states that assets equal liabilities plus shareholders equity.

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