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Question point The financial statements prepared by a corporation include a statement of financial position, statement of earnings, statement of cash flows, and statement

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Question point The financial statements prepared by a corporation include a statement of financial position, statement of earnings, statement of cash flows, and statement of money. True False Question 31 (1 point) Which of the following liability accounts is usually not satisfied by payment of cash? Trade payables. Unearned revenues. Taxes payable. Short-term borrowings. Question 32 (1 point) A dividend payment will reduce net income for the period. True False

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