Choose the correct answer from the list below; d.Recording e.Reporting f. Interpreting a. Analyzing b. Classifying...
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Choose the correct answer from the list below; d.Recording e.Reporting f. Interpreting a. Analyzing b. Classifying c. Summarizing 1. The process of grouping of similar transactions and events together. 2. The process of explaining the relationships of the different items in the Financial statements. 3. The process of writing in the journal the effects, whether increases or decreases of the analyzed transactions & events. 4. The process of determining the effects on the different accounts of the documented transactions & economic events. 5. The process of preparing balance sheets, income statement, and Statements of cash flows. Choose the correct answer from the list below; d.Recording e.Reporting f. Interpreting a. Analyzing b. Classifying c. Summarizing 1. The process of grouping of similar transactions and events together. 2. The process of explaining the relationships of the different items in the Financial statements. 3. The process of writing in the journal the effects, whether increases or decreases of the analyzed transactions & events. 4. The process of determining the effects on the different accounts of the documented transactions & economic events. 5. The process of preparing balance sheets, income statement, and Statements of cash flows.
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Related Book For
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
Posted Date:
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