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True/Make true questions in the Financial Statements 6. The financial statements printed by Peachtree reflect month-to-date amounts only. 7. The financial statements are interrelated. 8.

True/Make true questions in the Financial Statements

6. The financial statements printed by Peachtree reflect month-to-date amounts only.

7. The financial statements are interrelated.

8. The term standard refers to financial statements that are designed by the company.

9. Bellwether Garden Supply showed a net loss for the current month, March 31, 2012.

10. The statement of changes in financial position derives its information from the income statement.

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