The appropriate financial statement


1. Take the following accounts and place them in the appropriate Financial Statement as well as appropriate Category .

a. Interest Expense d. Land g. Notes Payable

b. Investment in Stock e. Sale of Land h. Discount on Bonds Payable

c. Goodwill f. Trademark i. Preferred Stock

Balance Sheet

Income Statement

Cash Flow Statement

Asset





Revenue/Sales





Cash Inflow





Liabilities




Expenses




Cash Outflow




Ownership Equity





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Accounting Basics: The appropriate financial statement
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