• 2022-06-05
    The balance sheet reports:
  • the financial condition of an accounting entity as of a particular date

    内容

    • 0

      Which financial statement reports the financial position of a company at a point in time? A: Balance sheet B: Statement of owner’s equity C: Cash flow statement D: Income Statement

    • 1

      When preparing a budgeted balance sheet, the balance in the cash account is found on the ________.

    • 2

      Which accounts appear on which financial statement? A: Balance sheet: Receivables, land, payablesIncome statement: Revenues, supplies B: Balance sheet: Cash, revenues, landIncome statement: Expenses, payables C: Balance sheet: Cash, receivables, payables Income statement: Revenues, expenses D: Balance sheet: Expenses, payables, cash Income statement: Revenues, receivables, land

    • 3

      What are three common types of balance sheet?

    • 4

      Current assets are listed on the balance sheet in order of liquidity.