{"id":3485,"date":"2020-10-19T15:40:24","date_gmt":"2020-10-19T15:40:24","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-financialaccounting\/?post_type=chapter&#038;p=3485"},"modified":"2020-10-23T19:57:49","modified_gmt":"2020-10-23T19:57:49","slug":"practice-preparing-financial-statements","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/suny-clinton-financialaccounting\/chapter\/practice-preparing-financial-statements\/","title":{"raw":"Practice: Preparing Financial Statements","rendered":"Practice: Preparing Financial Statements"},"content":{"raw":"<div class=\"textbox learning-objectives\">\r\n<h3>Learning Outcomes<\/h3>\r\n<ul>\r\n \t<li>Prepare an income statement<\/li>\r\n \t<li>Prepare a statement of owner's equity<\/li>\r\n \t<li>Prepare a balance sheet<\/li>\r\n \t<li>Identify the three main components of the statement of cash flows<\/li>\r\n<\/ul>\r\n<\/div>\r\n[ohm_question 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\/>\n\t<\/iframe><\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-3485\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Practice: Preparing Financial Statements. <strong>Authored by<\/strong>: Mike Zerrahn. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":17,"menu_order":17,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Practice: Preparing Financial Statements\",\"author\":\"Mike Zerrahn\",\"organization\":\"Lumen 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