List the four financial statements and briefly explain how each is prepared.

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Q181: The balance sheet of a business summarizes
Q186: The income statement is also called the
Q195: The income statement is also called the
Q197: Michael Company has just completed operations for
Q199: Following is a list of account balances
Q201: On the statement of cash flows,investing activities
Q205: Following is an extract of account balances
Q206: Which of the following appears on both
Q208: The heading of a balance sheet will
Q217: Which of the following financial statements lists
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