PLEASE DO IT BY TPYE NOT PICS

QUESTION 1

Select all of the accounts that have a natural debit balance:

		Revenue
		Liability
		Expense
		Asset
		Retained Earnings
		Common Stock
		Dividend

QUESTION 2

The five products of financial accounting and the result of the eighth step of the accounting process are:

		Income Statement, Business Progress Statement, Balance Sheet, Statement of Cash Flows, Asset and Liability Statement
		Income Statement, Notes to the Income Statement, Statement of Retained Earnings, Notes to the Retained Earnings Statement, Balance Sheet.
		Income Statement, Statement of Retained Earnings, Balance Sheet, Statement of Cash Flows, Statement of Stockholders Equity
		Income Statement, Statement of Retained Earnings, Balance Sheet, Statement of Cash Flows, Notes to the Financials