Solved

Match Each of the Following Items with the Financial Statement

Question 260

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:

Responses:

Balance sheet

Cash from operating activities

Statement of cash flows

Cash dividends paid

Income statement

Assets

Balance sheet

Liabilities

Balance sheet

Cash from investing activities

Income statement

Total equity

Statement of cash flows

Costs and expenses

Statement of retained earnings

Revenues

Premises:

Balance sheet

Statement of cash flows

Income statement

Balance sheet

Income statement

Statement of cash flows

Statement of retained earnings

Responses:

Cash from operating activities

Cash dividends paid

Assets

Liabilities

Cash from investing activities

Total equity

Costs and expenses

Revenues

Correct Answer:

Premises:

Responses:

Balance sheet

Statement of cash flows

Income statement

Balance sheet

Income statement

Statement of cash flows

Statement of retained earnings

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