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Author Question: Which of the following steps comes first? A) Prepare the financial statements B) Prepare ... (Read 213 times)

javeds

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Which of the following steps comes first?
 
  A) Prepare the financial statements
  B) Prepare adjusting journal entries
  C) Post the journal entries to the general ledger
  D) Close the temporary accounts

Question 2

An income statement is an itemized statement for the purpose of providing information regarding the results of operations during a specified period of time.
 a. True
   b. False
   Indicate whether the statement is true or false



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bd5255

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Answer to Question 1

C

Answer to Question 2

True




javeds

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Reply 2 on: Jul 5, 2018
:D TYSM


amcvicar

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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