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Based on the resources provided and your research, provide an overview of two types of financial statements: income statement and balance sheet. Include a discussion of why both are required and who reads them. (Research support required.)
This post should be 2 paragraphs in length (150-200 words). Since you are engaging in research, be sure to cite in the body of the post and add a reference list in APA format. APA 7 Reference format for Annual Report. NOTE: Failure to use research with accompanying in-text citations to support content will result in reduced scoring “Level 2-Developing” on the grading rubric.