4 Written Questions
4 Multiple Choice Questions
- a financial plan extending ususally for one-year.
- Shows the basic accounting equation
- Profit and loss statement
- Allows depositors to write checks rather than pay bills with cash.
3 True/False Questions
Income Statement → show the movement of cash into and out of the business.
Checking Account → Shows the Net Income or the Net Loss for the business
Balance Sheet → Statement of Financial Position