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An accounting tool listing what a firm owns and owes is a:

ABalance beam
BBalance spring
CBalance wheel
DBalance sheet
Answer & Solution
Correct answer: D. Balance sheet
1. Two sides must match up. 2. Assets sit against liabilities. 3. That tool is a balance sheet. _Source: OpenStax Principles of Macroeconomics 3e, Chapter 14, Money and Banking._
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