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Financial statements are prepared in a very specific order once the trial balance is completed. From the information below, select the preparation that is NOT
Financial statements are prepared in a very specific order once the trial balance is completed. From the information below, select the preparation that is NOT correct?
The last financial statement prepared is typically the statement of retained earnings.
The last financial statement prepared is typically the balance sheet.
Financial statements are prepared from trial balance.
The first financial statement prepared is typically the income statement.
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