Accountıng I Deneme Sınavı Sorusu #1147455
Which financial statement show at a specific date?
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Statement of cash flows |
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İncome statement |
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Balance Sheet |
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Owner’s equity statement |
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Both A and B |
Yanıt Açıklaması:
The correct answer is C. Balance sheet reports the assets, liabilities, and owner’s equity of the business at a specific date. İncome statement and cash flow statement cover a specific period. The statement of changes in shareholders' equity includes an accounting period.
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