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11. Which of the following statements about the financial statements is false? A. A balance sheet reports assets, liabilities and stockholders' equity at a point

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11. Which of the following statements about the financial statements is false? A. A balance sheet reports assets, liabilities and stockholders' equity at a point in time. B. A balance sheet reports assets, liabilities, revenues and expenses. C. The statement of retained earnings includes net income or net loss and total dividends paid to shareholders. D. The net income or net loss from the income statement is included on the statement of retained earnings

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