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2. To prepare the income statement all necessary numbers can be found in the income statement columns of the work sheet, including the profit or

2. To prepare the income statement all necessary numbers can be found in the income statement columns of the work sheet, including the profit or loss.

* True False

4. Internal documents prepared by accountants when organizing the information presented in formal reports to internal and external decision makers are called: *

Adjusting papers

Statement papers

Working papers

Closing papers

Business papers

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