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Match all of these financial statement entries to their corresponding places in the Balance Sheet and Income Statement. Possible answers are: Asset, Liability, Equity, Revenue,
Match all of these financial statement entries to their corresponding places in the Balance Sheet and Income Statement. Possible answers are: Asset, Liability, Equity, Revenue, or Expense.
$ 9,000 12,000 76,000 Balance Sheet Liabilities Accrued Interest Common Stock Equipment Accounts Receivable 32,000 Taxes Accounts Pavable Sales Trademarks Interest Retained Earnings 77,000 Cost of Goods Sold $ 62,000 Long-Term Debt Land Cash Utilities Depreciation Buildings Salaries Marketing Inventory Bank Loan Income Statement Assets Gross Profit $ 9,000 57,000 $123,000 35,000 2,000 Current Assets Current Liabilities Total Liabilities EBITDA ul EBIT S80,000 10,000 15,000 8,000 $ 3,000 $ 20,000 S 22,000 10,000 82,000 35,000 EBT Long-Term Assets Total Assets Total Equity Total Liabilities & Equit Net IncomeStep by Step Solution
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