Match the items in the right column with those in the left


Match the items in the right column with those in the left column.
1. Statement of changes in owner equity
2. Income statement
3. Net income
4. Additional investment by the owner
5. Ending balance in owner capital
6. Balance sheet
a. A financial statement that presents the revenues and expenses of a business
b. A financial statement that presents a reconciliation of the owner beginning and ending capital
c. An increase in owner capital
d. A financial statement that presents a business assets, liabilities, and owner capital
e. Can be found on a balance sheet and a statement of changes in owner equity f. An excess of revenues over expenses

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Accounting Basics: Match the items in the right column with those in the left
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