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Which of the following is not a true statement about the relationships between financial statements? Cash on hand at the beginning of the year from
Which of the following is not a true statement about the relationships between financial statements? Cash on hand at the beginning of the year from balance sheet is the starting cash position for the cash flow budget Income taxes due on the closing balance sheet should directly come from that year's cash flow budget statements Projected capital sales and capital purchases from cash flow budget supply the necessary info for the ending balance sheet values of capital assets Changes in values from beginning to the endinjbalance sheet for crops, livestock etc. are entered directly into the revenue section of income statement
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