Question: Match each financial statement with its description. Financial Statements 1. Income statement 2. Statement of stockholders equity 3. Balance sheet 4. Statement of cash flows
Financial Statements
1. Income statement
2. Statement of stockholders’ equity
3. Balance sheet
4. Statement of cash flows
Related Transactions
a. Change in owners’ claims to resources.
b. Profitability of the company.
c. Change in cash as a result of operating, investing, and financing activities.
d. Resources equal creditors’ and owners’ claims to those resources.
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