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Determine the kinds of document is phil preparing

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Reference no: EM132470166

Question 1: If Phil is creating a document for his company that shows net income and owner's draws from 2011-2012, which of the following kinds of document is Phil preparing?

Option 1: balance sheet

Option 2: trail balance sheet

Option 3: statement of changes in owners equity

Option 4: income statement

Reference no: EM132470166

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