Solved

Match Each of the Following Items with the Financial Statement

Question 273

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:
Revenues
Cash from investing activities
Assets
Cash from operating activities
Total equity
Liabilities
Cash dividends paid
Costs and expenses
Responses:
Balance sheet
Statement of retained earnings
Income statement
Statement of cash flows

Correct Answer:

Revenues
Cash from investing activities
Assets
Cash from operating activities
Total equity
Liabilities
Cash dividends paid
Costs and expenses
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