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  • Consider The Following Typical Accounts and Statement Items 1 Cash 2

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    Miroslav Gegoski
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    This document lists 14 common accounting items and accounts and asks the reader to identify on which core financial statements each would be found: the income statement, statement of financial position, statement of changes in equity, and/or statement of cash flows. It provides the framework to analyze where different elements belong on key accounting reports.

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    Consider the Following Typical Accounts and Statement Items 1 Cash 2

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    Consider the Following Typical Accounts and Statement Items 1 Cash 2

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    This document lists 14 common accounting items and accounts and asks the reader to identify on which core financial statements each would be found: the income statement, statement of financial position, statement of changes in equity, and/or statement of cash flows. It provides the framework to analyze where different elements belong on key accounting reports.

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    © All Rights Reserved
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    8 views1 page

    Consider The Following Typical Accounts and Statement Items 1 Cash 2

    Uploaded by

    Miroslav Gegoski
    This document lists 14 common accounting items and accounts and asks the reader to identify on which core financial statements each would be found: the income statement, statement of financial position, statement of changes in equity, and/or statement of cash flows. It provides the framework to analyze where different elements belong on key accounting reports.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
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    Consider the following typical accounts and statement

    items 1 Cash 2 #8435


    Consider the following typical accounts and statement items.1. _______ Cash2. _______
    Profit3. _______ Service revenue4. _______ Common shares5. _______ Sales6. _______
    Dividends7. _______ Merchandise inventory8. _______ Income tax expense9. _______
    Accounts receivable10. _______ Interest expense11. _______ Cash provided by operating
    activities12. _______ Cash used by investing activities13. _______ Bank loan payable14.
    _______ Equipment15. _______ Retained earningsInstructionsIndicate on which
    statement(s)-income statement (IS), statement of financial position (SFP), statement of changes
    in equity (SCE), and/or statement of cash flows (SCF)-you would find each of the above
    accounts or items. There may be more than one correct statement for some of the above.View
    Solution:
    Consider the following typical accounts and statement items 1 Cash 2

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