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please answer ALL. Match each of the following characteristics with the financial statement it describes. Each financial statement may be used more than once. Reports
please answer ALL.
Match each of the following characteristics with the financial statement it describes. Each financial statement may be used more than once. Reports as of a specific date Balance sheet The first statement prepared Income statement Has three sections: [Choose ] operating, investing and Statement of retained earnings financing Income statement Balance sheet Reports only revenues and Statement of cash flows expenses HOUmuuuuomon The second statement prepared [Choose] A formal presentation of the accounting equation [Choose] Statement of retaine The connecting link between the income statement and balance sheet Shows the beginning retained earnings account balance [Choose]Step by Step Solution
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