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Match the Following Financial Statements with the Accounts Listed Below

Question 35

Matching

Match the following financial statements with the accounts listed below.

Premises:

Responses:

Accounts Payable

Income Statement

Sales Returns and Allowance

Statement of Cash Flows

Allowance for Uncollectible Accounts

Balance Sheet

Cash Received from Sales

Uncollectible Accounts Expense

Sales Discount

Sales

Accounts Receivable

Inventory

Cost of Goods Sold

Premises:

Accounts Payable

Sales Returns and Allowance

Allowance for Uncollectible Accounts

Cash Received from Sales

Uncollectible Accounts Expense

Sales Discount

Sales

Accounts Receivable

Inventory

Cost of Goods Sold

Responses:

Income Statement

Statement of Cash Flows

Balance Sheet

Correct Answer:

Premises:

Responses:

Accounts Payable

Sales Returns and Allowance

Allowance for Uncollectible Accounts

Cash Received from Sales

Uncollectible Accounts Expense

Sales Discount

Sales

Accounts Receivable

Inventory

Cost of Goods Sold