Use the following code to identify the financial statement(s)where each of these line items is shown.(Remember that some line items may be found on more than one statement.)
a.Balance sheet
b.Income statement
c.Statement of changes in shareholders' equity
d.Statement of cash flows
______ 1.Cash collected from customers
______ 2.Revenues earned
______ 3.Unearned revenue
______ 4.Salaries payable
______ 5.Salaries expense
______ 6.Cash paid to employees
Correct Answer:
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