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  3. Study Set
    College Accounting Study Set 6
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    Exam 15: Financial Statements and Year-End Accounting for a Merchandising Business
  5. Question
    A Formal Statement of the Results of the Operation of a Business
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A Formal Statement of the Results of the Operation of a Business

Question 62

Question 62

Multiple Choice

A formal statement of the results of the operation of a business during an accounting period is called a(n)


A) statement of changes.
B) balance sheet.
C) statement of condition.
D) income statement.

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