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double lines are ruled across the balance sheet columns to show that the column totals have been verified as correct (True/False) 2.
1.double lines are ruled across the balance sheet columns to show that the column totals have been verified as correct (True/False)
2.the income statement's account balances are obtained from the work sheet's income statement columns(True/False)
3. the position of the total asset line on the balance sheet is determined after the equities section is prepared.(True/False)4. the matching expenses with revenue accounting concept is applied when the revenue earned and the expenses incurred to earn that revenue are reported in the same fiscal period.(True/False)