4 Written Questions
4 Multiple Choice Questions
- a financial statement that lists assets, liabilities, and capital of a business.
- Shows the basic accounting equation
- show the movement of cash into and out of the business.
- financial document that reports total revenue and expenses for a specific period.
3 True/False Questions
Income Statement → Shows the Net Income or the Net Loss for the business
Checking Account → Demand Deposit
Balance Sheet → a financial plan extending ususally for one-year.