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thierry william
on Nov 13, 2024

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The statement of cash flows is prepared from all of the following except

A) the adjusted trial balance.
B) comparative balance sheets.
C) selected transaction data.
D) the current income statement.

Adjusted Trial Balance

A trial balance prepared after all adjustments, including accruals and deferrals, have been made to ensure debits equal credits before financial statements are prepared.

Comparative Balance Sheets

Financial statements that present the financial position of a company at different points in time for comparison.

Current Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period.

  • Acquire knowledge about the components and frameworks of the cash flow statement.
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Ayanna GloverNov 20, 2024
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