To reconcile an account means to account for all the changes occurring in an account during the applicable year. This means:

• The statement of cash flows must identify all the increases , or ,____ to an asset account.
• The statement of cash flows must identify all the decreases , or , ______to an asset account.
• The statement of cash flows must identify all the increases , or , _______to a liability or equity account.
• The statement of cash flows must identify all the decreases , or ,_______to a liability or equity account.

Both the and to an account, in summation and netted against one another, account for the total change in an account.

Question 3 6 pts Equity Assets Liabilities To reconcile an account means to account for all the changes occurring in an account during the applicable year. This means: The statement of cash flows must identify all the increases , or to an asset account. The statement of cash flows must identify all the decreases to an asset account. or The statement of cash flows must identify all the t 1 increases t t, or ,to a liability or equity account. Question 3 6 pts Equity Assets Liabilities To reconcile an account means to account for all the changes occurring in an account during the applicable year. This means: The statement of cash flows must identify all the increases , or to an asset account. The statement of cash flows must identify all the decreases to an asset account. or The statement of cash flows must identify all the t 1 increases t t, or ,to a liability or equity account