Match each of the following with the appropriate definitions. ...

[dollx]

Match each of the following with the appropriate definitions.
 
  a. Statement of cash flows
  b. Balance sheet
  c. Income statement
  d. Statement of changes in shareholders' equity
 
  _____ 1. A financial statement that presents assets, liabilities, and shareholders' equity.
  _____ 2. A financial statement that presents revenues minus expenses to show either a profit or loss.
  _____ 3. A financial statement that presents the changes in shareholder's equity for an accounting period.
  _____ 4. A financial statement that presents all the cash collected and all the cash disbursed during an accounting period.
  _____ 5. A financial statement that reports the financial position of the company at a point in time.

Question 2

Forced vacations is a policy of requiring an employee to take leave from the job and substitute another employee in his or her place.
  Indicate whether the statement is true or false

[kalskdjl1212]

Answer to Question 1

b, c, d, a, b

Answer to Question 2

T

[dollx]

YES! Correct, THANKS for helping me on my review

[kishoreddi]

Thanks for the timely response, appreciate it