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Author Question: A balance sheet that groups similar items is called a(n) a. report form of balance sheet. b. ... (Read 175 times)

Medesa

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on: Jul 5, 2018
A balance sheet that groups similar items is called a(n)
 a. report form of balance sheet.
   b. account form of balance sheet.
   c. classified balance sheet.
   d. temporary balance sheet.

Question 2

The FASB, or Financial Accounting Standards Board, is currently the standards-setting body for rules that U.S. publicly-held companies must use in preparing financial statements.
 
  Indicate whether the statement is true or false


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jasonq

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

c

Answer to Question 2

TRUE


Medesa

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

amit

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

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