Accounting data flow from the a. Balance sheet to the income statement b. Income statement to the
Question:
Accounting data flow from the
a. Balance sheet to the income statement
b. Income statement to the statement of owner's equity
c. Statement of owner's equity to the balance sheet
d. Both \(b\) and \(\mathrm{c}\) are correct
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The correct answer is d Both b and c are correct Explanation b Income statement to ...View the full answer
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