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h. Sell old equipment that is no longer needed Financial Statement Items Identify the financial statement (or statements) in which each of the fol-

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h. Sell old equipment that is no longer needed Financial Statement Items Identify the financial statement (or statements) in which each of the fol- lowing items would appear: income statement (IS), statement of stockholders' equity (SSE), balance sheet (BS), or statement of cash flows (SCF). a. Assets b. C. Revenues Cash flow from investing activities d. Stockholders' equity e. f. & h. Expenses Net change in cash Net income Liabilities

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