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a.loans are liabilities found on the balance sheet b. the total sales dollars for the period is the same as revenue found on the income
a.loans are liabilities found on the balance sheet
b. the total sales dollars for the period is the same as revenue found on the income statement
c taxes paid for the year is an expense, found on the income statement
d. dividends are shown on the statement of retained earnings
e.inventory is an asset, its value at the end of the year is found on the balance sheet
f. cash is an asset, its value at the end of the year is found on the balance;ance sheet, the end of year cash balance will also be found on the statement of cash flows
which is true?
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