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Which of the following statements concerning the worksheet is correct? A. Section 5 (Income Statement) and Section 6 (Balance Sheet) are optional. B. When a

Which of the following statements concerning the worksheet is correct?

A. Section 5 (Income Statement) and Section 6 (Balance Sheet) are optional.

B. When a worksheet is used, there is no need to make journal entries.

C. A worksheet consists of seven sections.

D. A completed worksheet is a substitute for the financial statements.

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