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Match the Income Statement and Related Balance Sheet Line Items

Question 139

Essay

Match the income statement and related balance sheet line items that are used to determine the amount of cash on the statement of cash flows:
A Sales
B. Cost of goods sold
C. Salaries expense
D. Supplies expense
E. Insurance expense
F. Interest expense
G. Cash
H. Accounts receivable
I. Prepaid insurance
J. Interest payable
K. Supplies
L. Salary payable
M. Inventory
N. Accounts payable  Statement of Cash Flows Line Items:  Income  Statement  Balance Sheet 1. Cash collected from customers 2. Cash paid to vendors 3. Cash paid for supplies 4. Cash paid for interest 5. Cash paid for insurance 6. Cash paid for salaries \begin{array}{|l|l|l|l|}\hline& \text { Statement of Cash Flows Line Items: } & \begin{array}{c}\text { Income } \\\text { Statement }\end{array} & \text { Balance Sheet } \\\hline1. & \text { Cash collected from customers } & & \\\hline 2.&\text { Cash paid to vendors } & & \\\hline 3.&\text { Cash paid for supplies } & & \\\hline 4.&\text { Cash paid for interest } & & \\\hline 5. &\text { Cash paid for insurance } & & \\\hline 6. &\text { Cash paid for salaries } & & \\\hline\end{array}

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