Accounts receivable are: Multiple Choice reported on the income statement. amounts the company expects to pay for previous credit sales. ooo 0 0 amounts the company expects to collect for previous credit sales. C r eported in the liabilities section of the balance sheet. always less than the company's cash. Multistep income statements: Mumiple Choice 0 classify Cost of Goods Sold as a selling expense. 0 are required when the perpetual inventory method is used. 0 contain more detail than just listing revenues and expenses. 0 are required for merchandise companies. Help Which of the following financial statements shows how net income (loss) and dividends impacted a stockholders' equity account Multiple Choice Balance Sheet Statement of Cash Flows CE Income Statement HADE Statement of Retained Earnings