Question 25 The year end of a corporation is: O Always at December 31 At the end of a 12 month period prescribed by the entity The same as its calendar year O The same as its interim period

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 25
The year end of a corporation is:
O Always at December 31
At the end of a 12 month period prescribed by the entity
The same as its calendar year
O The same as its interim period
Transcribed Image Text:Question 25 The year end of a corporation is: O Always at December 31 At the end of a 12 month period prescribed by the entity The same as its calendar year O The same as its interim period
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