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    Business Essentials Study Set 7
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    Exam 11: Understanding Accounting
  5. Question
    The Amount of Profit or Loss Will Be Reflected in the
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The Amount of Profit or Loss Will Be Reflected in the

Question 126

Question 126

Short Answer

The amount of profit or loss will be reflected in the
balance sheet.
cost of goods sold.
quick ratio.
income statement.
statement of cash flow.

Correct Answer:

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