Multiple Choice
Match each of the following characteristics with the financial statement that best describes it. Each may be used more than once.
-Reports only revenues and expenses
A) Income statement
B) Balance sheet
C) Statement of owner's equity
D) Statement of cash flows
Correct Answer:

Verified
Correct Answer:
Verified
Q88: Financial reports are used by<br>A) management<br>B) creditors<br>C)
Q89: Generally accepted accounting principles regulate how and
Q90: The balance sheet represents the accounting equation.
Q91: Which of the following is a service
Q92: The accountant for Scott Industries prepared
Q94: Match the following characteristics with the form
Q95: Company G has a ratio of liabilities
Q96: Donner Company is selling a piece of
Q97: Revenues are reported when<br>A) a contract is
Q98: Match the following business types with each