Business, 14.10.2019 22:00 ktprada

Four financial statements are usually prepared for a business. the statement of cash flows is usually prepared last. the retained earnings statement (res), the balance sheet (b), and the income statement (i) are prepared in a certain order to obtain information needed for the next statement. in what order are these three statements prepared?

a) i, res, b
b) b, i, res
c) res, i, b
d) b, res, i

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