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bluedeer170Lv1
28 Sep 2019
True/Make true questions in the âFinancial Statementsâ
1. Peachtree automatically calculates financial statements oncejournal entries have been journalized and posted.
2. In Chapter 7, you printed three financial statements.
3. The statement of cash flow is roughly the same thing as abalance sheet.
4. The balance sheet lists the revenues and expenses of thebusiness.
5. The income statement is a summary of the revenue and expensesof a company for a period of time, such as an accounting period ora year.
True/Make true questions in the âFinancial Statementsâ
1. Peachtree automatically calculates financial statements oncejournal entries have been journalized and posted.
2. In Chapter 7, you printed three financial statements.
3. The statement of cash flow is roughly the same thing as abalance sheet.
4. The balance sheet lists the revenues and expenses of thebusiness.
5. The income statement is a summary of the revenue and expensesof a company for a period of time, such as an accounting period ora year.
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Nestor RutherfordLv2
28 Sep 2019