Time left 0:56:25 Question 45 Not yet answered Marked out of 1.00 P Flag question Which of these statements is false? a. Ending inventory + cost of goods sold = goods available for sale b. Goods available for sale - beginning inventory = purchases c. If cost of goods sold is incorrect, ending inventory is usually incorrect too. d. Beginning inventory + purchases = cost of goods sold Question 46 Not yet answered Marked out of 1.00 P Flag question The first activity to do, in order to journalyzing is to a. Analyze each transaction for its effect on the accounts b. Prepare financial statements c. Post to a journal d. Prepare a trial balance >