(Solved): Current Attempt in Progress Which of the following statements concerning financial statement presen ...

Current Attempt in Progress Which of the following statements concerning financial statement presentation is false? The balances of major classes of assets may be disclosed in the footnotes. The balances of the accumulated depreciation of major classes of assets may be disclosed in the footnotes. The balances of all individual assets, as they appear in the accounting records, should be disclosed in the footnotes. Intangibles are reported separately under Intangible Assets.