Accounting terminology Listed below are eight technical accounting terms introduced in this chapter. Each of the following statements may (or may not) describe one of these technical terms. In the space provided beside each statement. Indicate the accounting term described, or answer "None" if the statement does not correctly describe any of the terms. Cash sales and collections of accounts receivable. The classification of cash flows which includes issuing capital stock and paying dividends. The financial statement which best describes the profitability of a business. The section of a statement of cash flows summarizing the cash effects of most transactions entering into the determination of net income. An expense that reduces net cash flow but does not reduce net income. The classification of cash flows that includes purchases and sales of plant assets. transactions shown in a supplementary schedule accompanying a statement of cash flows