Listed Below Are a Number of Financial Statement Captions

question 15

Essay

Listed below are a number of financial statement captions.Indicate in the spaces to the right of each caption (1)the category of each item, and (2)the financial statement on which the item can usually be found.
$$\begin{array} { l l l l } { \text { Category } } & & { \text { Financial Statement } } \\\text { Asset } & \text { A } & \text { Balance sheet } & \text { BS } \\\text { Liability } & \text { L } & \text { Income statement } & \text { IS } \\\text { Stockholders' Equity } & \text { SE } & & \\\text { Revenue } & \text { R } & & \\\text { Expense } & \text { E } & & \\\text { Gain } & \text { G } & & \\\text { Loss } & \text { LS } & &\end{array}$$ $\begin{array}{lrr} \text { Dividends payable } &\\ \text { Selling expenses } &\underline{\quad\quad}&\underline{\quad\quad}\\ \text {Common stock } &\underline{\quad\quad}&\underline{\quad\quad}\\ \text { Long-term debt } &\underline{\quad\quad}&\underline{\quad\quad}\\ \text { Income tax expense } &\underline{\quad\quad}&\underline{\quad\quad}\\ \text { Gain on sale of land } &\underline{\quad\quad}&\underline{\quad\quad}\\ \text { Buildings} &\underline{\quad\quad}&\underline{\quad\quad}\\ \text {Accounts payable }&\underline{\quad\quad}&\underline{\quad\quad}\\ \text { Merchandise inventory } &\underline{\quad\quad}&\underline{\quad\quad}\\ \text { Net income } &\underline{\quad\quad}&\underline{\quad\quad}\\\end{array}$

Use graphing calculators for solving equations.

Understand and apply basic principles of complex numbers in standard form.

Solve equations involving simple cubic roots.

Apply formulas to real-world problems, such as pendulum movement and demand equations.

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Definitions:

Evidence

Information or facts that are used to support a claim or argument in various contexts, such as legal, scientific, or academic.

Psychographic Data

Information that describes the attitudes, aspirations, and other psychological criteria of a particular demographic.

Personality

The combination of characteristics or qualities that form an individual's distinctive character and influence their behaviors and attitudes.

Attitudes

A settled way of thinking or feeling about something, often reflected in a person's behavior.