Which financial statement reports revenues and expenses?（ ）。
A: Statement of Retained Earnings
B: Income Statement
C: Statement of Cash Flows
D: Balance Sheet
A: Statement of Retained Earnings
B: Income Statement
C: Statement of Cash Flows
D: Balance Sheet
举一反三
- Which financial statement reports net income and dividends?（ ）。 A: Income Statement B: Statement of Cash Flows C: Statement of Retained Earnings D: Balance Sheet
- 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.
- Cost of goods sold will appear on which financial statement? A: statement of retained earnings B: balance sheet C: statement of cash flows D: income statement
- 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
- 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