Question: Consider the first line example in the table. Complete the table describing the items listed in the first column by making selections from the following

Consider the first line example in the table. Complete the table describing the items listed in the first column by making selections from the following terms:

Category = Cash, Revenue, Expenditure and/or Capital

Financial Statement = Cash flow, Financial performance, Financial position and/or Capital

Objective = Increase, Report Revenue, Manage Expenditures, Cash and/or Capital

Item Category Financial Statement Objective

Sale of retail clothes by EFTPOS Revenue Financial performance Report Revenue

Investment in five year project

Replace chair in client waiting room

Periodic transfers between bank accounts

Sale of office building

Community service fees

Major upgrade to investment property

Purchase of inventory for sale

Bank fees

Purchase of office supplies

Purchase of raw materials to produce products

Quarterly invoice to accounting clients

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