Which of the following items are on both the balance

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Intro to Accounting Exam2.docx

Question 10   5 / 5 points Which of the following items are on both the balance sheet and the statement of owner 's equity ?
 Question options : Net loss Capital Additional owner 's investments Owner 's withdrawals
Question 11   5 / 5 points When services are rendered but payment is not made , which account would be increased ?
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Question 12   5 / 5 points A company has $ 4,500 in its Revenue account at the end of a period . The Expenses are as follows : Rent , $ 750 ; Utilities , $ 150 ; Salaries , $ 2,400 ; Insurance , $ 225 . The net income ( loss . for the period is __________. Question options :
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Question 13   5 / 5 points A company has the following balances in its asset accounts : Cash , $ 750 ; Accounts Receivable , $ 125 ; Equipment , $ 2,000 ; Supplies , $ 875 . The amount of the company ’s total assets is __________.
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Question 15   5 / 5 points Which financial statement is considered a link between the income statement and balance sheet ?
 Question options : Statement of Cash Flows Statement of Company Assets
Question 16   5 / 5 points Go Blue Retail Store collected $ 12,000 of its accounts receivable . The expanded accounting equation changes include __________. Question options :
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Question 105 / 5 pointsWhich of the following items are on both the balance sheet and the statement of owner's equity?Question options:Net lossCapitalAdditional owner's investmentsOwner's withdrawals
Question 115 / 5 pointsWhen services are rendered but payment is not made, which account would be increased?
Question 125 / 5 pointsA company has $4,500 in its Revenue account at the end of a period. The Expenses are as follows: Rent, $750; Utilities, $150; Salaries, $2,400; Insurance, $225. The net income (loss. for the period is __________.
Question 135 / 5 pointsA company has the following balances in its asset accounts: Cash, $750; Accounts Receivable, $125; Equipment, $2,000; Supplies, $875. The amount of the company’s total assets is __________.
Question 140 / 5 pointsThe increase or decrease in the owner's equity is reported on the __________.Question options:income statementstatement of owner's equitybalance sheetAll of these answers are correct.
Question 155 / 5 pointsWhich financial statement is considered a link between the income statement and balance sheet?

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