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Principles Of Accounting Notes Chapter 1 Stan Deal

C the financial statements include the income

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Unformatted text preview: ial Statements are the principal means through which financial information is communicated to those outside an enterprise. C. The financial statements include: • • • • • The Income Statement The Statement of Retained Earnings The Balance Sheet The Statement of Cash Flows The Income Statement: Revenues – Expenses = Net Income II. The Statement of Retained Earnings: Beginning Balance of Re...
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