Financial Documents
Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
Student preview
6 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Which of these is not a financial document: Statement of Cash Flow, Balance Sheet, Income Statement?
Back
Business Plan
2.
FLASHCARD QUESTION
Front
True or False: The accounting equation is Assets= Liabilities - Owners Equity
Back
False
3.
FLASHCARD QUESTION
Front
In accounting a negative number is written in
Back
Parentheses
4.
FLASHCARD QUESTION
Front
What is it called when a business uses their funds for growing the business or to pay dividends?
Back
Retained Earnings
5.
FLASHCARD QUESTION
Front
An accounting report that is used to show revenue and expenses is the
Back
The Income Statement
6.
FLASHCARD QUESTION
Front
"Assets = Liabilities + Equity" can be displayed on which financial statement?
Back
Balance Sheet
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