Identify the financial statements on which each of the following items (titles, date descriptions, and accounts) appears by selecting "X"in the appropriate column. If an item appears on more than one statement, select "X" in every applicable column.ItemFinancing activitiesEnding common stockInterest expenseAs of (date)LandBeginning cash balanceNotes payableBeginning common stockService revenueUtility expenseStock issuedOperating activitiesFor the Period Ended (Date)Net incomeInvesting activitiesNet lossEnding cash balanceSalary expenseConsulting revenueCash payments for dividendsIncomeStatementStatement ofChanges inStockholders'EquityBalance SheetStatement ofCash Flows

Income statement:An income statement reports the results of business transactions over a period,…

dentify the financial statements on which each of the following items (titles, date descriptions, and accounts) appears by selecting "X in the appropriate column. If an item appears on more than one statement, select "X" in every applicable column.

dentify the financial statements on which each of the following items (titles, date descriptions, and accounts) appears by selecting "X in the appropriate column. If an item appears on more than one statement, select "X" in every applicable column.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Identify the financial statements on which each of the following items (titles, date descriptions, and accounts) appears by selecting "X"
in the appropriate column. If an item appears on more than one statement, select "X" in every applicable column.
Item
Financing activities
Ending common stock
Interest expense
As of (date)
Land
Beginning cash balance
Notes payable
Beginning common stock
Service revenue
Utility expense
Stock issued
Operating activities
For the Period Ended (Date)
Net income
Investing activities
Net loss
Ending cash balance
Salary expense
Consulting revenue
Cash payments for dividends
Income
Statement
Statement of
Changes in
Stockholders'
Equity
Balance Sheet
Statement of
Cash Flows

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