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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 3: Beginning the Accounting Cycle: Journalizing, Posting, and the Trial Balance
  5. Question
    The Time Period for Which an Income Statement Is Prepared
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The Time Period for Which an Income Statement Is Prepared

Question 49

Question 49

True/False

The time period for which an income statement is prepared is called the accounting period.

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