Complete the following sentences:

Cash, Accounts Receivable, Inventory, Land, Buildings, and Equipment are all examples of and would be found on the ________________________.

Accounts Payable, Wages Payable, Dividends Payable, and Notes Payable are all examples of and would be found on the _____________________.

Common Stock, Preferred Stock, and Retained Earnings are all examples of ___________________ and would be found on the _____________________.

Sales and Interest Income are both examples of _____________________ and would be found on the __________________________________.

Cost of Goods Sold, Wages Expense, Utilities Expense, and Advertising Expense are all examples of __________________ and would be found on the ___________________.

Sources and uses of cash would be found on the _____________________________.

The asset account called _______________________ represents money owed to an organization for products or services that have been sold to its customers but not yet paid for. The liability account called ______________________ represents money owed by an organization for products or services it bought from a vendor but it has not yet paid for.

Current or short term assets can usually be converted to cash within _________ or less.

Wages that have been paid to employees are called Wages Expense and would appear on the ___________________________. Wages that are owed to employees but not yet paid are called Wages Payable and would appear on the __________________________.

If Total Revenues are $100,000 and Total Expenses are $80,000, the resulting $20,000 is referred to as ________________________. It Total Revenues are $80,000 and Total Expenses are $100,000, the resulting ($20,000) is referred to as _____________________.

If an entitys total assets equaled $175,000 at 12/31/20, and their total equity equaled $25,000, what must their total liabilities be? _____________________________________

. ____________________ accounting focuses on providing historical financial information to an external user, where _____________________ accounting focuses on prviding financial information to an internal user, and often provides current information for future planning.

23. The main four financial statements include the Balance Sheet, Income Statement, Cash Flow Statement, and ______________________________________________________.

24. A company that had $1,000 in sales revenue, $600 in cost of goods sold (expense), and $200 in operating expenses had _________________________ in net income for the year.

25. Net sales, gains, and interest income are all types of revenue and belong on which financial statement? ____________________________.