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    Financial Accounting Study Set 11
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    Exam 1: The Financial Statements
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    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 22

Question 22

Multiple Choice

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


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

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