Select the Appropriate Financial Statement for Each of the Following

question 35

Essay

Select the appropriate financial statement for each of the following items.(a) Income statement(b) Statement of changes in equity(c) Balance sheet(d) Statement of cash flows _____ (1) Supplies _____ (2) Profit _____ (3) Ahmad Khan, Capital _____ (4) Advertising Expense _____ (5) Cash paid to employees _____ (6) Withdrawals _____ (7) Fees earned _____ (8) Cash paid for supplies

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Definitions:

Purchasing Agent

A professional responsible for acquiring goods or services for their employer through negotiating price and terms.

Delivery Driver

An individual responsible for transporting goods from one place to another.

Mechanic

A professional skilled in the repair and maintenance of machinery, vehicles, or other technical equipment.

Janitor

A person employed to clean and maintain a building, such as an office, a school, or a residential complex.