Indicate in which financial statement(s) each item would most likely appear, by selecting income statement (1),...

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Indicate in which financial statement(s) each item would most likely appear, by selecting income statement (1), balance sheet

business accounting

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Answer 1

Answer #1

a	Haircutting revenue	Income Statement
b	Comission revenue	Retained earnings
c	Cash from operating activities	Cash Flow statement
d	Rental Revenue	Retained earnings
e	Trucks	Balance sheet
f	Rent expenses	Income Statement
g	Buildings	Balance sheet
h	Net decrease/(or increase) in cash	Cash Flow statement
i	Factory	Balance sheet

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Answer 2

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