Match each of the following items with the financial statement in which each item would most likely appear. An item may appear on more than one statement.
A. Assets.
B. Liabilities.
C. Revenues.
D. Expenses.
E. Cash from investing activities.
F. Cash from operating activities.
G. Cash from financing activities.
H. Dividends.
A. Balance sheet
B. Balance sheet
C. Income statement
D. Income statement
E. Statement of cash flows
F. Statement of cash flows
G. Statement of cash flows
H. Statement of retained earnings
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Immediately prior to the admission of Allen, the Sanson-Jeremy Partnership assets had been adjusted to current market prices, and the capital balances of Sanson and Jeremy were $80,000 and $120,000 respectively. If the parties agree that the business is worth $240,000, what is the amount of bonus that should be recognized in the accounts at the admission of Allen?
a. $60,000 b. $80,000 c. $40,000 d. $100,000
Below are the sources of information used in external decision making. a.Financial Statementsb.Notes to Financial Statementsc.Supplementary Informationd.Other means of financial reportinge.Other Information _____1. Changing prices disclosures_____2. Letters to stockholders_____3. Statement of Shareholders' Equity_____4. Accounting policies_____5. Management discussion and analysis_____6. News article about the company_____7. Statement of Financial Position_____8. Inventory Methods_____9. Number of shares of stock outstanding_____10. Analyst reportsRequired:Match each element with the appropriate statement by placing the appropriate letter in the space provided.
What will be an ideal response?
Studies of positive and negative stereotyping indicate racist stereotypes are found in all racial groups with a strong _________ bias toward participants' own racial groups and a ________ bias toward other racial groups.
a. Positive; negative b. Negative; negative c. Positive; positive d. Negative; positive
The crime of larceny includes in its definition:
a. the nontrespassory taking and control of personal property. b. the trespassory taking and carrying away of personal property. c. assault. d. the taking and control of personal or real property.