The descriptiosn for the letters are....

a.	Each asset account is listed separately and then totaled. Cash is always listed first.
b.	Each dollar amount is calculated by evaluating the cash column on the transaction detail.
c.	Each expense account is listed separately from largest to smallest and then subtotaled if necessary.
d.	Financing activities include cash from the issuance of common stock and payment of cash dividends.
e.	Investing activities include the purchase and sale of land and equipment.
f.	Liabilities are listed separately and then totaled. Liabilities that are to be paid first are listed first.
g.	Net income is calculated as total revenues minus total expenses.
h.	Operating activities involve cash receipts for services provided and cash payments for expenses paid.
i.	The beginning retained earnings is listed first and will always be the ending retained earnings from the previous time period.
j.	The ending cash balance must match the cash balance on the balance sheet.
k.	The header includes the name of the business, the title of the statement, and the date, listed as a period of time.
l.	The header includes the name of the business, the title of the statement, and the date, listed as a specific date.
m.	The net income are added to the beginning retained earnings.
n.	The stockholders' equity section includes common stock and ending retained earnings from the statement of retained earnings.
o.	The dividends are subtracted from retained earnings. If there had been a netloss, this would also be subtracted. What would be the correct how to prepares for each financial statement?

oogle Chrome hxl.co yerHomework.aspx?homeworkId=428332 391 &questionld = 20&flushed = false&cld=4468792¢erwins yes Homework: Chapter 1 Score: 0 of 1 pt E1-30 (book/static) Question Help Estella Osage publishes an online travel magazine. In need of cash, the business applies for a loan with National Requirements Bank. The bank requires borrowers to submit financial statements. With little knowledge of accounting, Estella Osage, a stockholder, does not know how to proceed. 1. What are the four financial statements that the business will need to prepare? 2. s there a specific order in which the financial statements must be prepared? 3. Explain how to prepare each statement. Requirements 1, 2, and 3. What are the four financial statements that the business will need to prepare? Is there a specific order in which the financial statements must be prepared? Explain how to prepare each statement. In the first column, select the four financial statements that the business will need to prepare. In the second column, selectthe number corresponding with the order the financial statements must be prepared. If there is no specific order, select "n/a" for each statement In the third column, select the letter grouping that corresponds with the proper explanations for how to prepare each statement. (Click the icon to view the explanations for how to prepare each statement.) 1. Financial statement Income statement Statement of retained earnings Balance sheet Statement of cash flows 2. Order 3. How to prepare a, b, f, I a, f, I, n, q b.c. e, h.j. k b, d, e, h, J. k .g.k c, g. 1p i, k, m, i, k, n, o Choose from any drop-down list and then click Check A All parts showing Clear All Check Answer O Type here to search