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Can someone answer all but number 7? Thanks in advance! 7. Financial Statements have key articulated relationships and accordingly must be prepared in their proper

Can someone answer all but number 7? Thanks in advance! image text in transcribed
7. Financial Statements have key articulated relationships and accordingly must be prepared in their proper order. This order is: A. Income Statement, Balance Sheet, Statement of Cash Flows, Statement of Changes in Stockholdens B. Income Statement, Balance Sheet, Statement of Changes in Stockholders Equity, Statement of Statement, Statement of Cash Flows, Statement of Changes in Stockholders Equity. Statement, Statement of Changes in Stockholders Equity, Balance Sheet, Statement Cash Flows, Balance Sheet of Cash D. I in Stockholders 8The balance sheet of the Stano Company contained the following accounts and balances Cash $200 Based on the above information only, the amount or balance for Land must be: Accounts Payable $150 Stockholders' Equity $750 Land 7 A. $400 B. $900 C. $700 D. $1,100 9. Which of the following items appears in the investing activities section of the statement of cash flows? A. Cash outflow for the purchase of a storage building. B. Cash inflow from the issuance of common stock. C. Cash outflow for the payment of salary expenses. D. Cash inflow from interest revenue. Financing Activity Operating Activity Operating Activity 10. Min Company paid $30,000 cash to purchase a truck. As a result of this business event, A. Total equity decreased B. The net cash flow from operating activities decreased. C. Total assets were not affected. .....his is an asset exchange D. Net income decreased. 11. Cohen Company experienced an accounting event that affected its financial statements as indicated below: Assets = 75,000 Liabilities + Stockholders Equity Revenue-Expenses = Net Income Cash Flow +FA NA 75,000 NA NA NA Which of the following accounting events could have caused these effects on Cohen's statements? A. Paid a cash dividend. B. Earned cash revenue. C. Borrowed money from a bank. D. Issued common stock

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