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INSTRUCTION: INDICATE WHETHER EACH OF THE FOLLOWING WOULD APPEAR ON THE SCI, SFP OR SCE. PUT A CHECK MARK. Note: Is it okay if I'll
INSTRUCTION: INDICATE WHETHER EACH OF THE FOLLOWING WOULD APPEAR ON THE SCI, SFP OR SCE. PUT A CHECK MARK.
Note: Is it okay if I'll ask for an explanation? So that I can review it to enhance my knowledge more in this lesson. Thank you!
Item Income Statement (SCI) Statement of Changes in Equity (SCE) Balance Sheet (SFP) 1. Supplies on hand at the end of the year. 2. Total insurance expired during the year. 3. Accounts receivable at the end of the year. 4. Total revenues earned during the year. 5. Total withdrawal of the owner. 6. The book value of the company's equipment 7. The amount of depreciation taken on equipment during the year. 8. The cost of supplies used during the year. 9. Owner's equity at the beginning of the year. 10. Profit of the year
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