Question: The six steps in the Accounting Cycle are below. Which involves producing the Balance Sheet, Income Statement and Statement of Cash Flows? Question 1 4

The six steps in the Accounting Cycle are below. Which involves producing the Balance Sheet, Income Statement and Statement of Cash Flows?
Question 14 options:
Analyze source documents
Record transactions in journals
Transfer journal entries to the ledger
Take a trial balance
The international exchange rate, or value of a U.S. dollar, varies among countries constantly. A rising value sounds like a good thing. Who is it BAD for in the U.S.?
Question 21 options:
Travelers
Businesses who export goods and services
Hedge Funds
Businesses who import goods and services

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