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earnstyle [38]
3 years ago
5

In what order are the following financial statements prepared: (1) Balance sheet, (2) income statement, and (3) statement of sto

ckholders' equity?
A. 1, 2, 3.
B. 3, 2, 1.
C. 1, 3, 2.
D.2, 3, 1.
Business
1 answer:
Marta_Voda [28]3 years ago
6 0

Answer:

D.2, 3, 1.

Explanation:

The order of preparing the financial statement is described below:

1. Income statement

2. Statement of stockholder equity

3. Balance sheet

4. Cash flow statement

The income statement records all revenues generated and expenses incurred during a particular period.

The Statement of stockholder equity consists of common stock and the retained earning through which the ending balance could be computed.  

The balance sheet reports the assets and liabilities of the company

And, the cash flow statement analyzes the cash inflow and cash outflow position of the company

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malfutka [58]

Answer:

The answer is (C) Revising the estimated life of equipment from 10 years to 8 years.

Explanation:

Revising estimated life of equipment from 10 years to 8 years has the effect of increasing annual charge of depreciation.

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3 years ago
Say Mary would like to create a scholarship for $2,500 per year at ECU in her family's name. If the money market rate where the
Furkat [3]

Answer:

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Explanation:

The computation of the amount that she have to donate is shown below:

Donation amount is

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A consumer downloads 4 movies and 3 apps per week. Suppose the price is $4 per movie and $4 per app, and the marginal utility th
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Suppose the current exchange rate for the Polish zloty is Z 2.92. The expected exchange rate in three years is Z 3.00. What is t
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The Inflation in Poland is expected to exceed that in the U.S. by 91% over this period.

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b. ​an admission in court.

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