review exam [questions
and correct choices]2025
which of the following accounts would be found on the balance sheet?
a. sales revenue
b. cash
c. wages expense
d. dividends - ANSWERS-b. cash
which of the following is a trait or characteristic of the balance sheet?
a. it lists all of the company's revenue accounts
b. it is prepared as a specific point in time
c. all values listen on the statement are market values
d. none of the above - ANSWERS-b. it is prepared as a specific point in time
what information does an income statement provide a user?