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Financial and Managerial Accounting Questions with Answers

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Financial and Managerial Accounting Questions with Answers Fundamental Accounting Equation - correct answers>>Assets = Liabilities + Owner's Equity Expanded Accounting Equation - correct answers>>Assets + Expenses + dividends = Liabilities + Owner's Equity + Revenue Components of Income Statement - correct answers>>name of the company income statement year end date Revenues Expenses Total expenses Net Income Components of Statement of Retained Earnings - correct answers>>name of the company statement of retained earnings (present) year end date Retained Earnings net income for the year dividends Retained earnings as of year ended date Components of Balance Sheet - correct answers>>name of the company balance sheet specific date Assets cash accounts receivable office supplies equipment total assets

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Institution
Course Financial & Managerial Accounting, 20th Edi
Course
Course Financial & Managerial Accounting, 20th Edi








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Institution
Course Financial & Managerial Accounting, 20th Edi
Course
Course Financial & Managerial Accounting, 20th Edi

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Uploaded on
November 11, 2024
Number of pages
3
Written in
2024/2025
Type
Exam (elaborations)
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Financial and Managerial Accounting Questions with Answers
Fundamental Accounting Equation - correct answers>>Assets = Liabilities + Owner's Equity



Expanded Accounting Equation - correct answers>>Assets + Expenses + dividends = Liabilities + Owner's
Equity + Revenue



Components of Income Statement - correct answers>>name of the company

income statement

year end date



Revenues

Expenses

Total expenses

Net Income



Components of Statement of Retained Earnings - correct answers>>name of the company

statement of retained earnings (present)

year end date

Retained Earnings

net income for the year

dividends

Retained earnings as of year ended date



Components of Balance Sheet - correct answers>>name of the company

balance sheet

specific date



Assets

cash
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