Which one of the following is not a key linkage among the four primary financial statements? A.
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Question:
Which one of the following is not a key linkage among the four primary financial statements?
A. | The expenses in the income statement link to the total liability balance. | |
B. | The statement of cash flows links to ending cash in the balance sheet. | |
C. | The statement of stockholders’ equity links to ending equity in the balance sheet. | |
D. | The income statement links to the ending retained earnings in the statement of stockholders’ equity. |
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