We Have Used Transaction Analysis and the Accounting Equation to Record

Multiple Choice

We have used transaction analysis and the accounting equation to record several transactions for a company.The transactions are now recorded on a multi-column spreadsheet of the assets,liabilities and stockholders' equity of the company.If you wanted to prepare a balance sheet with this spreadsheet,which column(s) would you use?

A) final balances of asset columns only
B) final balances of liability columns only
C) final balances of stockholders' equity columns only
D) all of the above