• 2021-04-14
    Sale of asset should be classified in ___or___ in the income statement.
  • Loss  gain

    内容

    • 0

      _________________is a record of the actual changes in cash compared to the income statement. It shows you where the cash was brought in and where the cash was disbursed. A: Cash Flow Statement B: Balance Sheet C: Income Statement D: Chairman’s Statement

    • 1

      _________________is a record of the actual changes in cash compared to the income statement. It shows you where the cash was brought in and where the cash was disbursed. A: A . Balance Sheet B: B. Income Statement C: C. Cash Flow Statement D: D. Chairman’s Statement

    • 2

      Accounts payable appear on which of the following statements? ( ) A: Balance sheet. B: Income statement. C: Statement of owner's equity. D: Statement of cash flows.

    • 3

      Unearned revenue is reported in the financial statements as: A: A liability on the balance sheet. B: A revenue on the balance sheet. C: An unearned revenue on the income statement. D: An asset on the balance sheet.

    • 4

      Which of the following would normally be classified as a non-current asset and which as a current asset?Petty cash A: Non-current asset B: Current asset