Q • Question 1 0.2 out of 0.2 points A company always completes which financial statement first? • Question 2 0.2 out of 0.2 points Which financial statement proves that the accounting equation is ‘in balance’? • Question 3 0.2 out of 0.2 points On which financial statement is net income or net loss determined? • Question 4 0.2 out of 0.2 points The owner's capital account balance used on the Balance Sheet is referred to as what? • Question 5 0 out of 0.2 points How is the account Fees Earned classified and what kind of balance should it have?

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