asked 100k views
2 votes
Interim financial statements:

A. Are always prepared before any adjustments have been recorded.
B. Show the liabilities above assets.
C. Cover less than one year, usually spanning one-, three-, or six-month periods.
D. Report revenues when incurred and expenses when earned

asked
User Bassebus
by
8.4k points

1 Answer

3 votes
D. Report revenues when incurred and expenses when earned
answered
User PanNik
by
8.5k points
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