The ( ) is a financial statement that summarizes a hotel’s assets, liabilities and shareholders’ equity at a specific point in time.
A: income statement
B: balance sheet
C: statement of cash flow
D: equity statement
A: income statement
B: balance sheet
C: statement of cash flow
D: equity statement
举一反三
- The ________ shows the assets, liabilities, and owners' equity of a firm, at a specific point in time. A: income statement B: balance sheet C: statement of cash flows D: trial balance
- 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
- What reflects the strength of the enterprise is ( ). A: Balance sheet B: income statement C: Statement of cash flow D: statement of changes in owner's equity
- The CORRECT data flow from one financial statement to the next is: A: statement of retained earnings, income statement, balance sheet, statement of cash flows. B: balance sheet, statement of retained earnings, income statement, statement of cash flows. C: statement of retained earnings, income statement, statement of cash flows, balance sheet. D: income statement, statement of retained earnings, balance sheet, statement of cash flows.
- Which statement summarizes financial performance resulting from income (revenue and gains) less expenses (including losses). A: Balance sheet B: Income statement C: Cash flow statement