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Indicate in which financial statement(s) each item would most likely appear, by selecting income statement (I), balance sheet (B), statement of retained earnings (E), statement of cash flows (CF), or statement of retained earnings and statement of cash flows (E & CF).

a. Assets
b. Cash from Operating activities
c. Dividends
d. Equipment
e. Expenses
f. Liabilities
g. Net decrease(or increase) in cash
h. Revenues
i. Total liabilities and equity

Respuesta :

Explanation:

All revenues generated and expenses incurred during a given period are reported in the income statement.  

The Statement of equity of the stockholder contains the common stock and the retained earnings that could be used to calculate the ending balance.  

The balance sheet shows the assets and liabilities of the company

And, the statement regarding cash flow analyzes the cash inflow and cash outflow position of the comp. This covers three activities i.e. operation, investment and financing

So, the categorization is shown below:

a. Assets  = balance sheet (B)

b. Cash from Operating activities  = statement of cash flows (CF)

c. Dividends  = statement of retained earnings and statement of cash flows (E & CF)

d. Equipment  = balance sheet (B)

e. Expenses  = income statement (I)

f. Liabilities  = balance sheet (B)

g. Net decrease(or increase) in cash  = statement of cash flows (CF)

h. Revenues  = income statement (I)

i. Total liabilities and equity = balance sheet (B)

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