d elements that are most dinectly related to measuring t E2-S (LO4) (Elements of Financial Statements) Ten interrelah performance and financial status of an enterprise are provided below Distributions to owners Expenses Comprehensive income Gains Revenues Equity Investments by owners Instructions ldentify the element or elements associated with the 12 items al Arises from peripheral or incidental transactions b) Obligation to transfer resources arising from a past transiction. ic) Increases ownership interest d) Declares and pays cash dividends to owners le) Increases in net assets in a period from nonowner sources (0 Items characterized by service potential or future economic benefit. g) Equals increase in assets less liabilities during the yeat, after adding distributions to owners and subtracting invest ments by owners th) Arises from income statement activities that constitute the entity's ongoing major or central operations. a) Residual interest in the assets of the enterprise after deducting its liabilities. g) Increases assets during a period through sale of product. k) Decreases assets during the period by purchasing the company's own stock. D Includes all changes in equity during the period, except those resulting from investments by owners and distributions to owners