An income statement does not include which of the following? Cost of goods sold Operating expenses Sales Retained earnings The expense recognition(matching) principle states that Net income is determined by linking operating cash receipts with operating cash payments assets are linked with liabilities and stockholder's equity in the balance sheet. net income is determined by linking expenses incurred with related earned sales revenue Owner contributions and owner withdrawals are linked in the statement of stockholders equity None of the above. The accounting equation states: Assets + Liabilities = Stockholders' Equity Assets = liabilities - Stockholders' Equity C Assets = liabilities + Stockholders' Equity Assets + Stockholders' Equity = liabilities None of the above What categories of cash flows are presented in a statement of cash flows? Operating and non-operating Receipts and disbursements Financial and non-financial Operating, investing, and financing None of the above