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Match Each of the Following Items with the Financial Statement

Question 293

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

Correct Answer:

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