Question $4$ of $12$

linton is preparing financial statements for Predovic LLC$.$ The financial statement that records revenue and expenses it the:

Balance Sheet

Statement of Changes in Stockholders' Equity

Income Statement

Statement of Cash Flows

Ruestion $5$ of $12$

fliezer is a junior accountant at Crist Incorporated. Eliezer is updating the accounting records for the company's equipment. The length of time equipmer vill be used by Crist Incorporated is called what?

Salvage Value

Amortization

Estimated Useful Life