(Fill in the blanks-definitions) Match the items in the right column with those in the left column....
Question:
(Fill in the blanks-definitions)
Match the items in the right column with those in the left column. $\qquad$
1. Statement of changes in owner's equity $\qquad$
2. Income statement 3. Net income 4. Additional investment by the owner $\qquad$
5. Ending balance in owner's 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 beginning and ending owner's capital
c. An increase in owner's capital
d. A financial statement that presents the assets, liabilities, and owner's capital of a business
e. Can be found on a balance sheet and a statement of changes in owner's equity
f. An excess of revenues over expenses
Step by Step Answer:
Introduction To Government And Not For Profit Accounting
ISBN: 9780130464149
5th Edition
Authors: Martin Ives, Joseph R. Razek, Gordon A. Hosch