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kolchakil0

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kolchakil0

Re: Craig Baker post# 80531

Friday, 10/29/2010 7:25:50 PM

Friday, October 29, 2010 7:25:50 PM

Post# of 111214
Exactly the balance sheet will always follow this format:

Assets = liabilities + owners or stockholder's equity


If money is not withdrawn from a particular credit line, you will not have cash show as an asset nor will you have any amount shown as a liability.

Keeping it simple here....



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