Select the Appropriate Financial Statement for Each of the Following

question 90

Essay

Select the appropriate financial statement for each of the following accounts.(a)Income statement(b)Statement of changes in equity(c)Balance sheet(d)Statement of cash flows_____ (1)Cash_____ (2)Withdrawals_____ (3)Notes payable_____ (4)Fees earned_____ (5)John Jay, capital_____ (6)Accounts receivable_____ (7)Prepaid Rent_____ (8)Supplies Expense

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Definitions:

Triple Bottom Line

Reporting that includes financial performance, social performance, and environmental performance.

Motivated Reasoning

The tendency for a person to see what he or she wants to see in data.

Cognitive Bias

A consistent tendency to stray from normal or logical reasoning in making judgments, leading to drawing conclusions about others and situations in an unreasonable way.

Corporate Social Responsibility

A business model where companies integrate social and environmental concerns in their operations and interactions with stakeholders.