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Transaction Analysis and the Accounting Equation Have Been Used to Record

Question 47

Multiple Choice

Transaction analysis and the accounting equation have been used to record several transactions for a company.The transactions are now recorded on a multi-column spreadsheet.When preparing a balance sheet with this spreadsheet,which column(s) would be used?


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

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