Author Question: Which financial statement shows Cash paid for interest? A) income statement B) statement of ... (Read 290 times)

ghost! · **on:** Jul 5, 2018

Which financial statement shows Cash paid for interest?

A) income statement
B) statement of changes in shareholders' equity
C) statement of cash flows
D) balance sheet

Question 2

Small companies can use either the direct write-off method or the allowance method.
a. True
b. False

Indicate whether the statement is true or false