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Which statement below is incorrect regarding program modifications?
Balance Sheet
A financial statement that reports a company's assets, liabilities, and stockholders' equity at a specific point in time.
Paid Part
This involves the portion of an expense or debt that has been paid, as opposed to the remaining amount that is still owed.
Decrease Liabilities
Actions or transactions that result in the reduction of obligations owed by a company, improving its financial position.
Received Cash
Funds that have been physically or digitally transferred to an entity, reflecting an increase in its liquidity.
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