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Interim financial statements:

A. Are always prepared before any adjustments have been recorded.
B. Show the liabilities above assets.
C. Cover less than one year, usually spanning one-, three-, or six-month periods.
D. Report revenues when incurred and expenses when earned

User Bassebus
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1 Answer

3 votes
D. Report revenues when incurred and expenses when earned
User PanNik
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8.5k points
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