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QUESTION 18 The matching concept most significantly influences which financial statement? Balance sheet Statement of cash flows Statement of changes in stockholders' equity Income statement

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QUESTION 18 The matching concept most significantly influences which financial statement? Balance sheet Statement of cash flows Statement of changes in stockholders' equity Income statement AUCTION 10 Click Save and Submit to save and submit. Click Save All Answers to saze all answers QUESTION 19 Which of the following accounts would not appear on a balance sheet? O Unearned Revenue. O Service Revenue. O Salaries Payable. O Neither Service Revenue nor Unearned Revenue would appear on a bala Click Save and Submit to save and submit. Click Save All Answers to save all an QUESTION 25 retained earings decreased during the year, and no dividends were paid, which of the following must be true? Expenses for the year exceeded revenues. The company did not have enough cash to pay its expenses O Liabilities increased during the year. Total stockholders' ecruity increased lick Save and Submit to save and submit. Click Save All Answers to save all answers. QUESTION 26 The recognition of an expense may be accompanied by which of the following? An increase in liabilities O An increase in assets O A decrease in liabilities O A decrease in revenue Click Save and Submit to save and submit. Click Save All Answers to save all answers

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