Financial Documents

Front

Which of these is not a financial document: Statement of Cash Flow, Balance Sheet, Income Statement?

Back

Business Plan

Front

True or False: The accounting equation is Assets= Liabilities - Owners Equity

Back

False

Front

In accounting a negative number is written in

Back

Parentheses

Front

What is it called when a business uses their funds for growing the business or to pay dividends?

Back

Retained Earnings

Front

An accounting report that is used to show revenue and expenses is the

Back

The Income Statement

Front

"Assets = Liabilities + Equity" can be displayed on which financial statement?

Back

Balance Sheet