Match Each of the Following Characteristics with the Financial Statement

question 227

Multiple Choice

Match each of the following characteristics with the financial statement that best describes it. Each may be used more than once.
-A formal presentation of the accounting equation

• A)Income statement
• B)Balance sheet
• C)Statement of owner's equity
• D)Statement of cash flows

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Definitions:

Electronic Translator

A handheld or digital device that translates words or phrases from one language to another.

Foreign Language

A language that is not the native language of the speaker, but that is used in the area of the speaker.

Polychronic Cultures

Societies that prefer multi-tasking and consider time to be fluid and less strict regarding schedules.

Time

A continuous sequence of existence, progressing from past through present to future.