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Match Each of the Following Items with the Financial Statement

Question 243

Matching

Match each of the following items with the financial statement in which each item would most likely appear. An item may appear on more than one statement.

Premises:
Revenues.
Assets.
Liabilities.
Expenses.
Cash from operating activities.
Withdrawals.
Cash from investing activities.
Cash from financing activities.
Responses:
Statement of cash flows
Statement of owner's equity
Balance sheet
Income statement

Correct Answer:

Revenues.
Assets.
Liabilities.
Expenses.
Cash from operating activities.
Withdrawals.
Cash from investing activities.
Cash from financing activities.
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