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1. Which of the following financial statement headings is appropriate for ABC Co.? a. ABC Co. Income Statement December 31, 20X5 b. ABC Co. Statement

1. Which of the following financial statement headings is appropriate for ABC Co.?

a. ABC Co.

Income Statement

December 31, 20X5

b. ABC Co.

Statement of Retained Earnings

For the Year Ended December 31, 20X5

c. ABC Co.

Statement of Financial Position

For the Year Ended December 31, 20X5

d. ABC Co.

Statement of Cash Flows

December 31, 20X5

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