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Mademuasel [1]
1 year ago
13

Which financial statement is prepared last? a. statement of owner's equity b. income statement c. balance sheet d. the financial

statements can be prepared in any order.
Business
1 answer:
viva [34]1 year ago
6 0

Income statement financial statement is prepared last. An income statement is a financial statement that lists the revenue and expenses of the company. Additionally, it displays a company's profit or loss over a specific time frame. You may better comprehend your company's financial situation by comparing the income statement to the balance sheet, cash flow statement, and cash flow forecast.

An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss statement. One of the more crucial financial figures you might examine for a company is the income statement.

To learn more Income statement, click here.

brainly.com/question/14308954

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The statement "The FIFO method computes equivalent units based only on production activity in the current period, ignoring the percentage of completion in beginning Work in Process inventory." is the most accurate.

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3 years ago
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When comparing two investments with the same effective rate, one with a 4-year term and semi-annual compounding and one with a 2
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As a result, option (b) is correct.

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6 0
2 years ago
You should make sure to send a ____ letter to the person who interviewed you:
Marianna [84]

Answer:

Maybe a thank you letter?

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