Chapter 1-4 test - Instructions What You Need To Know...

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Instructions What You Need To Know: Deadline is this Sunday, 11:59 PM (Mountain). 10 true/false questions. Covers Chapters 1-4 . Review the readings and/or other study materials. You will have 1 hour to complete the quiz once you start. This quiz is open book and open note. You will only be allowed to submit your answers once, so review your answers carefully before submitting! . Attempt History Attempt Time Score LATEST Attempt 1 38 minutes 100 out of 100 Score for this quiz:  100  out of 100   Question 1 10 / 10 pts The credit side of an account is the right side while the debit side is the left side.    False   Correct!    True     Question 2 10 / 10 pts
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A balance sheet provides information at one specific point in time, while the other basic financial statements provide information on activities that occur over a period of time. Correct!    True      False     Question 3 10 / 10 pts Income summary does not appear on the income statement.
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