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  3. which of the following statements is not correct?

Which of the following statements is NOT correct? Select one or more: a. A balance...

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Accounting

Which of the following statements is NOT correct?

Select one or more:

a. A balance sheet reports on a companys assets and liabilities over a period of time.

b. The statement of equity reports on changes in the accounts that make up equity

c. The statement of cash flows reports on cash flows from operating, investing, and financing activities over a period of time.

d. A balance sheet reports on resources and the claim of resources at a point of time

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