Question
Consider the first line example in the table. Complete the table describing the items listed in the first column by making selections from the following
Consider the first line example in the table. Complete the table describing the items listed in the first column by making selections from the following terms:
Category = Cash, Revenue, Expenditure and/or Capital
Financial Statement = Cash flow, Financial performance, Financial position and/or Capital
Objective = Increase, Report Revenue, Manage Expenditures, Cash and/or Capital
Item Category Financial Statement Objective
Sale of retail clothes by EFTPOS Revenue Financial performance Report Revenue
Investment in five year project
Replace chair in client waiting room
Periodic transfers between bank accounts
Sale of office building
Community service fees
Major upgrade to investment property
Purchase of inventory for sale
Bank fees
Purchase of office supplies
Purchase of raw materials to produce products
Quarterly invoice to accounting clients
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