QS $1-12$

Identifying items with financial statements

P$2$

Indicate in which financial statement each item would most likely appear: income statement, balance sheet, or statement of cash flows.

a$.$Assets

b$.$Cash from operating activities

c$.$Equipment

d$.$Expenses

e$.$Liabilities

f$.$Net decrease $($or increase$)$ in cash

g$.$Revenues

h$.$Total liabilities and equity