Question: Match each item with the financial statement in which each item would most likely appear: Use ( I ) for Income Statement, ( B )
Match each item with the financial statement in which each item would most likely appear: Use I for Income Statement, B for Balance Sheet and CF for Statement of Cash Flow.
a
Retained earnings
e
Cost of goods sold
b
Revenue
f
Cash from investing activities
c
Liabilities
g
Net change in cash
d
Common stock
Question options:
B: a c d
CF: f g
I: b e
B: a c
CF: f g
I: b e d
B: c d
CF: b f g
I: a e
B: a f g
CF: d e
I: b c
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