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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
Which of the following is the correct order of preparation of financial statements?
A) Balance sheet → statement of retained earnings → income statement → statement of cash flows
B) Statement of retained earnings → balance sheet → income statement → statement of cash flows
C) Income statement → statement of retained earnings → balance sheet → statement of cash flows
D) Balance sheet → income statement → statement of retained earnings → statement of cash flows
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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