Question $4$

$1/1$ point

Select all the items that would be found on the income statement.

$$ Cash

Sales

Rent Expense

Dividends

Question $5$

$1/1$ point

Which of the following equations properly represents a derivation of the fundamental accounting equation?

Assets $-$ liabilities $=$ owner's equity

Cash $=$ assetsCash $=$ assets

Assets liabilities $=$ owner's equity

Assets $=$ owner's equity

Matching

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