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Exercises Saved Match each element with its financial statement by selecting the appropriate financial statement. 1. Cash Flows from Financing Activities Balance Sheet 2. Expensers
Exercises Saved Match each element with its financial statement by selecting the appropriate financial statement. 1. Cash Flows from Financing Activities Balance Sheet 2. Expensers 3. Cash Flows from Investing Activities 4. Assets 5. Dividends 6. Revenues 7. Cash Flows from Operating Activities 8. Liabilities Prev 60t 36 Next > 2 41) 41% tatic Exercises The following items relate to business transactions involving K-Swiss Inc. Required: 1.& 2. Identify an appropriate label (account name) for each tem as it would be reported in the company's fina type of account. a Coins and currency b. Amounts K-Swiss owes to suppliers of shoes G. Amounts K-Swiss can collect from customers d. Amounts owed to bank for loan to buy building e. Property on which buildings will be built f. Amounts distributed from profits to stockholders g. Amounts eamed by K-Swiss by selling shoes h. Unused paper in K Swiss head office i Cost of paper used up during month Amounts contributed by stockholders for K Swiss stock K Prev 7 of 36 Next 21
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