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    Financial Accounting Study Set 8
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    Exam 1: The Financial Statements
  5. Question
    The Net Income Shown on the Income Statement Also Appears
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The Net Income Shown on the Income Statement Also Appears

Question 123

Question 123

Multiple Choice

The net income shown on the income statement also appears on the:


A) balance sheet and operations statement.
B) statement of retained earnings.
C) statement of cash flows,using the indirect method.
D) B and C.

Correct Answer:

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