Part A-30 pts Q1. Define (10 pts) 1. Accounting b. Assets c. Financial Accounting d. Accounts Payable e. Cash Flow Statement Q.2) The financial statement that reports the revenues and expenses for a period of time such as a year or a month is the: (2 mark) 1. Balance Sheet 2. Accounts Receivable 3. Income Statement 4. Cash Flows Statement 3) A company's superior management team and the company's logo will be reported as assets on its balance sheet: (2mark) 1. True 2. False 4) The financial statement that reports information in a format that is similar to the accounting equation is the: (2 mark) 1. Balance Sheet 2. Trial Balance 3. Income Statement 4. The Ledger 5) When the company paid the monthly rent by check and the credit card, list the accounts that should be used: (2 mark) Ans