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Question 16 The statement of cash flows lists all cash accruals and deferrals for the year O. . uses the same measurement criteria as the

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Question 16 The statement of cash flows lists all cash accruals and deferrals for the year O. . uses the same measurement criteria as the income statement for the year lists all cash receipts and disbursements for the year is based upon the projected inflow and outflow of cash that is anticipated to occur for the year Question 17 Which of the following is not a characteristic of preferred stock? preferential treatment in receipt of dividend a O. . available as cumulative, convertible, or callable varieties c ability to vote d. inability to share in the appreciation of a company's growth Question 18 . Purchase of a delivery truck on account is recorded as a debit to an asset and a credit to an equity account O. . debit to an expense and a credit to a liability Oc. debit to an expense and a credit to an equity account d. debit to an asset and a credit to a liability Question 19 2 points San The Bowen Company's books for 2019 show Commissions Eamed, $120,000; total expenses, $80,000; cash received during the year, $150,000. The company's net income for 2008 is $70,000 Ob 560,000 $50,000 540,000 Question 20 The end-of-period balance of the Jane Rogers, Capital account appears on what statement(s)? balance sheet only income statement only statement of owner's equity and balance sheet Statement of owner's equity only ed

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