The order in which the financial statements are prepared is: Multiple Choice balance sheet, statement of cash flows, statement of retained earnings, income statement income statement, balance sheet, statement of retained earnings, statement of cash flows. balance sheet, income statement, statement of retained earnings, statement of cash flows. income statement, statement of retained earnings, balance sheet, statement of cash flows. Net income appears on which of the following financial statements? Multiple Choice O Income statement and statement of retained earnings Balance sheet and statement of retained earnings Balance sheet and income statement Balance sheet and statement of cash flows Which of the following would not be reported as an asset on the balance sheet? Multiple Choice Supplies Retained Earnings Cash Accounts Receivable The income statement reports: Multiple Choice the amount of profit distributed to owners during the period. cumulative earnings that have not been distributed to stockholders. the amount of revenues earned and expenses incurred during the period. the assets, liabilities, and stockholders' equity of a company