Question

Match each variable with the best representation of where it appears in the financial accounting statements. Each is only matched once and some responses might not have a match. - Accounts payable - Change in Accounts Receivable - Change in Notes Payable - Property Plant and Equipment - Revenue - Change in long term debt A. Long Term Liabilities on the Balance Sheet B. The Income Statement C. Current Liabilities on the Balance Sheet D. Financing Segment Statement of Cash flows E. Financing Segment on the Statement of Cash Flows F. Fixed Assets on the Balance Sheet G. Operating Segment on the Statement of Cash Flow

Answer 1

Variable Financial accounting statements.

Accounts payable Current liabilities in the balance sheet.

Change in accounts receivable Operating segment on the statement of

Cash flows.

Change in note payable Financing segment on the statement of

cash flows.

Property, Plant and Equipment Fixed assets on the balance sheet.

Revenue The income statement.

Change in long term debt Investing segment on the statement of

cash flows.