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Which statements are true or false True False a. Best practice posting would include both a date and a code for each entry into the

Which statements are true or false

True False
a.

Best practice posting would include both a date and a code for each entry into the books

b.

Coding helps to identify the type of transaction

c.

Liquidity represents the cash available to pay current liabilities

d.

The proper sequence of financial statement preparation is: cash flow statement, income statement, balance sheet

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