Question 1 0.2 out of 0.2 points
Which of the following would be included in the operating activity section of the Statement of Cash Flows? (Select all that apply.)
Question 2 0 out of 0.2 points
The income statement reports the ______.
Question 3 0.2 out of 0.2 points
If a company’s total assets equals $80,000 and its stockholders’ equity equals $20,000, how much are the creditors’ claims to the company’s assets?
Question 4 0 out of 0.2 points
Classify the Balance Sheet accounts listed below as an Asset, Liability, or Shareholders’ Equity.
Question 5 0 out of 0.2 points
Which of the following are possible effects on the accounting equation when recording a transaction that increases an asset by $100? (Select all that apply.)