The Accounts payable appear on which of the following statements?
a.Statement of retained earnings.
b. Transaction statement
c. Statement of cash flows
d. Income statement
e. Balance sheet
The Accounts payable appear on which of the following statements?
a.Statement of retained earnings.
b. Transaction statement
c. Statement of cash flows
d. Income statement
e. Balance sheet
Related questions
The five products of financial accounting and the result of theeighth step of the accounting process are:
| a.) | Income Statement, Business Progress Statement, Balance Sheet,Statement of Cash Flows, Asset and Liability Statement | |
| b.) | Income Statement, Notes to the Income Statement, Statement ofRetained Earnings, Notes to the Retained Earnings Statement,Balance Sheet. | |
| c.) | Income Statement, Statement of Retained Earnings, Balance Sheet,Statement of Cash Flows, Statement of Stockholders Equity | |
| d.) | Income Statement, Statement of Retained Earnings, Balance Sheet,Statement of Cash Flows, Notes to the Financials |
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 |
