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  3. Study Set
    College Accounting Study Set 8
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    Exam 6: Completing a Worksheet and Completing the Accounting Cycle
  5. Question
    It Is Not Necessary to Prepare Formal Financial Statements If
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It Is Not Necessary to Prepare Formal Financial Statements If

Question 59

Question 59

True/False

It is not necessary to prepare formal financial statements if a worksheet has been prepared because the financial position and net income are shown on the worksheet.

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