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pinkfish878Lv1
28 Sep 2019
Match the transaction to the financial statement:
1)Purchased land for $50,000 cash. Where does the land appear?
2)Received $50,000 cash for services. Where does the revenue appear?
3)Acquired $20,000 cash from the issue of common stock. Where does the common stock appear?
4)What statement reports all cash transactions from all sources?
_______________________________________________________________________________
A. Retained Earnings
B. Common Stock
C. Balance sheet statement
D. Income statement
E. Statement of changes in stockholder equity
F. The statement of cash flow
Match the transaction to the financial statement:
1)Purchased land for $50,000 cash. Where does the land appear?
2)Received $50,000 cash for services. Where does the revenue appear?
3)Acquired $20,000 cash from the issue of common stock. Where does the common stock appear?
4)What statement reports all cash transactions from all sources?
_______________________________________________________________________________
A. | Retained Earnings |
B. | Common Stock |
C. | Balance sheet statement |
D. | Income statement |
E. | Statement of changes in stockholder equity |
F. | The statement of cash flow |
Trinidad TremblayLv2
28 Sep 2019