$5$ of $7$ Summary activity

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Question $4$ of $5$

Question

$04/05$

If a client wants to know about the incoming and outgoing money for their business, which financial statement would you refer them to$?$

Statement of cash flows$$

Correctly selected

Balance sheet

Correctly unselected

Income statement

Correctly unselected

Statement of equity

Correctly unselected

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Question $5$ of $5$

Question

$05/05$

Sergio's shoe repair shop is working on classifying all their assets. Which of the following would classify as an asset? Select all that apply.$$

A mobile shoe repair van

Employee payroll

Leather, rubber, and stitching materials

Vendor invoices

Shoelaces, shoe polish, and bunion pads