Question

Balance sheet is an account?​

Answer 1

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• No, balance sheet is not an account. It is a statement.

Answer 2

Answer:

Balance sheet accounts are one of two types of general ledger accounts. (The other accounts in the general ledger are the income statement accounts.) Balance sheet accounts are used to sort and store transactions involving a company's assets, liabilities, and owner's or stockholders' equity.

Explanation:

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