Are the following statements about balance sheet fro-mats correct or incorrect Statement 1: The presentation formats of balance sheets vary from company to company. Statement 2: A classified balance sheet cannot follow an account format. Statement 1 Statement 2() ①A. Correct Correct ②B. Incorrect Incorrect ③C. Correct Incorrect
A.①
B.②
C.③
参考答案:C
解析:
The presentation formats of balance sheets vary by company. A classified balance sheet can be presented in a report format or an account format.