Problem 9–7 Preparing Financial Statements The general ledger accounts and balances for Kits & Pups Grooming follow.

Your own record of all your transactions. a. check register b. account statement

Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same

Describe how to write a main idea expressed as a bottom-line statement