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The total liabilities figures should be double-true or false

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Reference no: EM133009728

Problem 1: The heading for a balance sheet for those "What?" When ? Who? In this order

a) true
b ) false

Problem 2: Liabilities are listed in the order of their liquidity
True or false

Problem 3: The transaction analysis she is set up according to the fundamental accounting equation.
True or false

Problem 4: The total liabilities figures should be double underlined.
True or false

Problem 5: she going concern concept( also called continuing concerns) deals with the understatement and overstatement of the financial situation of the company.
True or false

Reference no: EM133009728

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