MCQs > Finance & Management > Financial Statements > Two figures must be transferred to the balance sheet before the final result can be calculated. What are they, and where are they transferred from?

Financial Statements MCQs

Two figures must be transferred to the balance sheet before the final result can be calculated. What are they, and where are they transferred from?

Answer

Correct Answer: Retained earnings from the statement of retained earnings, and cash from the statement of cash flows.

Explanation:

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