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Question 12 (2 points) A Balance Sheet prepared after six months in business would be dated For the Six Months Ending X date. True False

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Question 12 (2 points) A Balance Sheet prepared after six months in business would be dated "For the Six Months Ending X date". True False Question 13 (2 points) What kind of account is Unearned Sales Revenue A liability account O A contra-stockholders equity account A revenue account A contra revenue account Question 14 (2 points) The Statement of Financial Position is another name for the Balance eet True False Question 15 (2 points) Accounts Receivable is a type of Liability Accounting True False Question 16 (2 points) Balance Sheet Assets are typically listed in order of Solvency Liquidity Financial Flexibility Realizability Question 17 (2 points) Which of the following financial statements provides information about enterprise resources, obligations to creditors, and the owner's equity in net resources? The Statement of Financial Position The Activity Statement The Statement of Cash Flows The Income Statement

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