Which of the following statements regarding the flow of information from the adjusted trial balance...
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Accounting
Which of the following statements regarding the flow of information from the adjusted trial balance on the end-of-period spreadsheet is true? a. The revenue and expense account balances flow into the statement of owner's equity. b. The asset and liability account balances flow into the statement of owner's equity. c. The owner's equity and drawing account balances flow into the balance sheet. d. The revenue and expense account balances flow into the income statement
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