Which one of the following financial statements does not cover a period of time? Income statement All of them cover a period of time Statement of changes in equity Statement of financial position Statement of cash flows Question 2 (1 point) Which of the following is reported as an expense on the income statement? Interest expense Unearned revenue Prepaid insurance Inventory Dividends Question 3 (1 point) A company has revenues of $50,000, expenses other than income tax expense of $20,000, and dividends of $5,000. If the tax rate is 40%, what is the company's net income? $0 $30,000 $9,000 $18,000 $8,000 Question 4 (1 point) Accumulated depreciation on a truck is normally classified in one of the following accounts on the balance sheet: Current asset Non-current liability Current asset O Non-current liability Current liability O Contra liability account Non-current asset (contra-asset account) Question 5 (1 point) Which group of accounts below contains only accounts that normally have a credit balance? Accounts receivable; accumulated depreciation; equipment O Cash; inventory; cost of goods sold Bonds discount Notes payable; service revenue; allowance for doubtful notes Investments held for trading; cash; sales revenue