Which of the following is included in the balance

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  • EXAM 2
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  • Yankee7903
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Question 5 of 205.0/ 5.0 PointsWhich of the following is included in the balance sheet?A. revenueB. salaries expense
C. utilities expenseD. accounts payable
Question 6 of 200.0/ 5.0 PointsWhich of the following transactions has no effect on owner's equity?
Question 7 of 205.0/ 5.0 PointsGo Blue Retail Store collected $12,000 of its accounts receivable. The expanded accounting equation changes include __________.
Question 8 of 205.0/ 5.0 PointsIf beginning capital was $110,000, ending capital is $95,000, and the owner's withdrawals were $10,000, the amount of net income or net loss was __________.
Question 9 of 205.0/ 5.0 PointsWhich of the following items are on both the balance sheet and the statement of owner's equity?A. Net lossB. CapitalC. Additional owner's investmentsD. Owner's withdrawals

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