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Which of the following is the correct order for preparing the financial statements listed? Balance sheet, statement of stockholders' equity, and income statement. income statement,

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Which of the following is the correct order for preparing the financial statements listed? Balance sheet, statement of stockholders' equity, and income statement. income statement, statement of stockholders' equity, and balance sheet Balance sheet, income statement, and statement of stockholders' equity. Statement of stockholders' equity, income statement, and balance sheet. A list of all account names used to record transactions of a company is referred to as the: General journal Chart of Accounts Balance sheet Income statement Receiving cash from customers before services are performed results in: Deferred Revenues. Prepaid Assets. Accounts Receivable. Service Revenue. When the company pays stockholders a dividend, what is the effect on the accounting equation for that company? Increase liabilities and increase assets. Decrease stockholders' equity and increase assets. Decrease assets and decrease liabilities. Decrease assets and decrease stockholders' equity. Which of the following would increase assets and increase liabilities? Provide services to customers on account. Pay dividends to stockholders. Purchase office supplies on account. Receive a utility bill but do not pay it immediately. An increase to an asset account is shown with a decrease to an asset account is shown with a Credit; Credit Debit; Credit Credit; Debit Debit; Which one of the following accounts w ill have a credit balance? Salary Expense Supplies Common Stock Dividends The term commonly used in accounting to describe the format for recording a transaction is: Journal entry Chart of accounts General ledger Trial balance

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