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Considering the accounting cycle, when do we prepare financial statements? What is on the...

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Accounting

Considering the accounting cycle, when do we prepare financial statements?

  • What is on the Income Statement?
  • What is on the Balance Sheet?
  • What is on the Statement of Retained Earnings?
  • What is on the Statement of Cash Flows?
    • Why is the statement of cash flows so important?

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