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Author Question: The statement of cash flows reports the ________. A) sources and uses of cash B) financial ... (Read 120 times)

cdr_15

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on: Jul 5, 2018
The statement of cash flows reports the ________.
 
  A) sources and uses of cash
  B) financial position of a company
  C) changes in shareholders' equity
  D) profitability of a company

Question 2

While sales returns and allowances can be debited directly to the sales account, it is better to debit a separate sales returns and allowances account.
 a. True
   b. False
   Indicate whether the statement is true or false


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Sierray

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Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

True


cdr_15

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  • Posts: 546
Reply 2 on: Jul 5, 2018
Excellent

aliotak

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

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