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Slide3 - Learning Objectives After studying this chapter...

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Unformatted text preview: Learning Objectives After studying this chapter, you should be able to 6. Describe the sequence of the final steps in the recording process and relate cash flows to adjusting entries 7. Prepare a classified balance sheet and use it to assess short-term liquidity 8. Prepare single- and multiple-step income statements 9. Use ratios to assess profitability ...
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