Financial statements are: a. Accumulated financial data summarized in periodic reports. b. Accumulated transactions of the firms
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Financial statements are:
a. Accumulated financial data summarized in periodic reports.
b. Accumulated transactions of the firm’s sales activities.
c. A summary of records and procedures that make up the accounting system.
d. A summarized description of a firm’s accounting system.
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Related Book For 
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
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