Solved

Match Each of the Following Items with the Financial Statement

Question 236

Matching

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

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

Correct Answer:

Withdrawals.
Total equity.
Assets.
Revenues.
Expenses.
Cash from operating activities.
Liabilities.
Cash from investing activities.
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