Determine on which financial statement you find the following items Financial Statements 1 Income statement 2 Statement of stockholders equity 3 Balance sheet 4 Statement of cash flows Items a The change in retained earnings due to net income and dividends b Amount of cash received from borrowing m...

1 c Revenue earned from sales to customers during ...

Determine on which financial statement you find the following items. Financial Statements 1. Income statement 2. Statement

Question:

Determine on which financial statement you find the following items.
Financial Statements
1. Income statement
2. Statement of stockholders’ equity
3.
4. Statement of cash flows
Items
a. The change in retained earnings due to net income and dividends.
b. Amount of cash received from borrowing money from a local bank.
c. Revenue earned from sales to customers during the year.
d. Total amounts owed to workers at the end of the year.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...