Accounting and Finance Foundations

Unit 7

Accounting and Finance Foundations Unit 7: Financial Statements 589

Financial Statements

Chapter 18

Matching Elements with Financial Statements

Match each element with its financial statement by entering the appropriate letter in the space provided.

Element Financial Statement

______ (1) Expense A. Balance Sheet

______ (2) Cash flow from investing activities B. Income Statement

______ (3) Assets C. Statement of Retained Earnings

______ (4) Drawing D. Statement of Cash Flows

______ (5) Revenues

______ (6) Cash flow from operating activities

______ (7) Liabilities

______ (8) Cash flow from financing activities

Student Assignment

18.5.1