Which of the following financial statements reports changes in financial position of the company during the accounting period? O Statement of financial position Balance sheet Statement of cash flows O All of these choices are report changes in financial position during the accounting period. he Which of the following elements is not recognized on the balance sheet? O Asset O Expense O Equity O Liability All of the following items would appear on the balance sheet except O an investment in another company's bonds an investment in marketable securities O the premium related to a bond liability that is still two years from maturity O a realized gain on the sale of a equipment Which of the following is a measurement method that reflects historical value? O Net realizable value O Fair value O Acquisition cost Replacement cost The residual interest in a company's assets after deducting liabilities is O noncontrolling interest. earned capital. net income. O equity