Multiple Choice
The basic financial statements are listed below:
(1) Balance sheet
(2) Statement of retained earnings
(3) Income statement
(4) Statement of cash flows
In which of the following sequences does the accountant ordinarily prepare the statements?
A) 1, 4, 3, 2
B) 2, 1, 3, 4
C) 3, 2, 1, 4
D) 3, 2, 4, 1
Correct Answer:
Verified
Correct Answer:
Verified
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