Question 18 (2 points) Match each financial statement with its proper definition. lists the cash inflows and cash outflows for the period. reports revenues less expenses incurred by a business over a period of 1. Income Statement time. reports how equity changes 2. Balance Sheet over the reporting period from net income (or loss) 3. Owner's Equity Statement and from any owner investments and withdrawals over a period 4. Cash Flow Statement of time reports the financial position (types and amounts of assets Habite o PII 9 Put S. Home Eru Pgup # A $ 4 3 % 5 & 7 6 8 ( 9 ) 0 E R T Y U D F G I J K L C V B NM Question 19 (2 points) In recording a journal entry, if Cash is debited for $1,300 and Equipment is debited for $7,500, then Capital Account must be credited for a) $7,500 b) $1,300 c) Cannot be determined d) $8.800 Question 20 (2 points) Dollar signs are not used in journal and ledgers. a) True b) False PrtScn. Home End Poup 3 % 5 4 & 7 6 8 9 0 E R T Y U 1 o D F G H J J L C V B N M . Boban Dimovski: Attempt 1 Question 21 (2 points) Which of the following is not a source document? a) Notice of Eviction b) Checks c) Payroll records d) Sales receipts Question 22 (2 points) The increase a liability account you must debit it. True False pil FE w Pitsons Home End FI Pyup A A 3 % 5 6 7 ( 9 8 ) 0 E R T