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Which of the following is a physical resource that a company uses to compete with other companies?
Financial Statements
Documents that outline the financial activities and condition of a business, including the income statement, balance sheet, and cash flow statement.
Company Accounts
Financial records that detail the financial activities and condition of a business.
Business Transactions
Exchanges involving economic consideration between two entities that affect the financial position of a business.
Debits
Entries that are recorded on the left side of a ledger account which increase asset or expense accounts, or decrease liability, equity, or revenue accounts.
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