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BS = Balance sheet IS = Income statement SE = Statement of stockholders' equity CF = Statement of cash flows Not = Not found on
BS = Balance sheet IS = Income statement SE = Statement of stockholders' equity CF = Statement of cash flows Not = Not found on any of the financial statements FINANCIAL STATEMENTS (Circle only one correct answer) a. Rental costs incurred this year. (BS / IS / SE / CF / Not) b. Rental costs paid this year. (BS / IS / SE / CF / Not) c. Rental costs still owed. (BS / IS / SE / CF / Not) d. Cost of equipment allocated to this accounting period. (BS / IS / SE / CF / Not) e. Equipment book value (carrying value). (BS / IS / SE / CF / Not) f. Market value of equipment purchased ten years ago. (BS / IS / SE / CF / Not) g. Accrual-basis accounting used to compute operating results. (BS / IS / SE / CF / Not) h. Cash-basis accounting used to compute operating results. (BS / IS / SE / CF / Not) i. Noncash investing and financing activities. (BS / IS / SE / CF / Not) j. Market value of investments in the short-term trading portfolio. (BS / IS / SE / CF / Not)
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