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Please address Week # 2 Discussion Forum Questions Below:

1. How do you differentiate between assets and liabilities on the balance sheet?

2. What is the basic Balance Sheet equation and why is it important?

Please Note Discussion Forum Directions:

All answers must be in essay format.

Please limit your answers to 100 words or fewer per item.

Please complete all answers in the Forum. No attachments! Attachment answers will be graded as if you did not provide an answer

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