For each of the following items (A-L) indicate on which financial statement you would expect to find it. Some items may appear on more than one statement. Income Statement Statement of owners’ equity Balance sheet Statement of cash flows __________ A. Cash, ending balance __________ B. Sales to customers __________ C. Accounts receivable
For each of the following items (A-L) indicate on which financial statement you would expect to find it. Some items may appear on more than one statement. Income Statement Statement of owners’ equity Balance sheet Statement of cash flows __________ A. Cash, ending balance __________ B. Sales to customers __________ C. Accounts receivable
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 2EB: In which section of the statement of cash flows would each of the following transactions be...
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For each of the following items (A-L) indicate on which financial statement you would expect to find it. Some items may appear on more than one statement.
- Income Statement
- Statement of owners’ equity
Balance sheet - Statement of cash flows
__________ A. Cash, ending balance
__________ B. Sales to customers
__________ C. Accounts receivable
__________ D. Cash received from customers
__________ E. Cost of goods sold during the period
__________ F. Office supplies on hand
__________ G. Office supplies used during the period
__________ H. Ending retained earnings
__________ I. Taxes payable
__________ J. Dividends paid during the period
__________ K. Wages payable
__________ L. Cash paid for merchandise inventory
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