Solved

Match Each of the Following Items with the Financial Statement

Question 250

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

Correct Answer:

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