1. Capital (beginning balance) + Investments by Owner + Net Income - Drawing =_____?

Select missing term.

A.Assets

B.Capital

C.Expenses

D.Liabilities

E.Revenue's

select the financial statement that the equation illustrates

A.Balance Sheet

B.Income Statement

C.Equity Statement

2._______?Expenses = Net Income

Select missing term.

A.Assets

B.Capital

C.Drawing

D.Liabilities

E.Revenue's

select the financial statement that the equation illustrates

A.Balance Sheet

B.Income Statement

C.Equity Statement

3.Assets = Liabilities + _________?

select the missing term

A.Drawing

B.Capital

C.Expenses

D.Net Income

E.Revenues

select the financial statement that the equation illustrates

A.Balance Sheet

B.Income Statement

C.Equity Statement