Jun 2nd, 2015
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Week 3 DQ 3 University of PhoenixIn order of importance, list the statements. Why did you rank the statements in the order you did? (This is different than just choosing one to be most importantlike last week.) Why does GAAP require all statements? Why is it necessary to prepare the formal Financial Statements if all the data are on the Adjusted Trial Balance?In order of importance, the main financial statements are: Balance Sheet, Income Statement, Retained Earnings Statement, and Statement of Cash Flows. I ranked th

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