Solution-Which is most likely to equal the amount shown

Which is most likely to equal the amount shown

Reference no: EM132718719

Problem 1: The company's actual income statement for the six months ended June 20, 20x1 is exactly the same as the pro forma six month's income statement prepared early in January 20x1. Which of the following is most likely to equal the amount shown for that item on the pro forma balance sheet prepared earlier?

a. Accounts Payable
b. Retained Earnings
c. Inventory
d. Accounts Receivable

Reference no: EM132718719

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Which is most likely to equal the amount shown

Reference no: EM132718719

Reference no: EM132718719

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