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The process to go from transactions and events to financial statements begins with: Multiple Choice Identifying each transaction and event from source documents. Preparing financial
The process to go from transactions and events to financial statements begins with: Multiple Choice Identifying each transaction and event from source documents. Preparing financial statements and other reports Analysis of prepared financial statements Presentation of financial information to decision-makers Preparation of the trial balance A business's source documents: Multiple Choice Include the ledger Identify and describe ansactions and events entering the accounting system. Must be in electronic form Are records of all increases and decreases in specific asset Include the chart of accounts
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