How does the multiple-step income statement differ from the, Finance Basics

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How does the multiple-step income statement differ from the

1. How does the multiple-step income statement differ from the single-step income statement?

2. Explain the items reported on a statement of retained earnings.

3. Name and describe the three categories of the statement of cash flows.

4. How is the statement of changes in retained earnings related to the balance sheet? How is the income statement related to the statement of changes in retained earnings?

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