Solved

Match Each of the Following Financial Statements with the Accounts

Question 62

Matching

Match each of the following financial statements with the accounts listed below.

Premises:
Accumulated Depreciation
Tax Expense
Cash from sale of equipment
Cash generated from sales
Unrealized Gain
Interest Expense
Loss on sale of equipment
Taxes Payable
Cost of Goods Sold
Loss due impairment of building
Responses:
Balance Sheet
Income Statement
Comprehensive Income Statement
Cash Flow Statement

Correct Answer:

Accumulated Depreciation
Tax Expense
Cash from sale of equipment
Cash generated from sales
Unrealized Gain
Interest Expense
Loss on sale of equipment
Taxes Payable
Cost of Goods Sold
Loss due impairment of building
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