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et income on the income statement does not e in stockholders' equity from one period to a e in retained earnings from one period to anc e in net income from one period to another

et income on the income statement does not e in stockholders' equity from one period to a e in retained earnings from one period to anc e in net income from one period to another

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The statement of cash flows explains why the net income on the income statement does not equal the change in the cash balance the change in stockholders' equity from one period to another the change in retained earnings from one period to another the change in net income from one period to another
Transcribed Image Text:The statement of cash flows explains why the net income on the income statement does not equal the change in the cash balance the change in stockholders' equity from one period to another the change in retained earnings from one period to another the change in net income from one period to another
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