Accounting Where Things Belong Flashcards

1
Q

Supplies Expense

A

Income Statement

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2
Q

Salaries Payable

A

Balance Sheet

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3
Q

Ending Common Stock

A

Balance Sheet, Statement of Changes in Stockholders’ Equity

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4
Q

Beginning Cash Balance

A

Statement of Cash Flows

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5
Q

Net Change in Cash

A

Statement of Cash Flows

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6
Q

Land

A

Balance Sheet

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7
Q

Total Liabilities

A

Balance Sheet

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8
Q

“For the Year Ended” Date Notation

Hint: 3 places

A

Income Statement, Statement of Changes in Stockholders’ Equity, Statement of Cash Flows

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9
Q

Salaries Expense

A

Income Statement

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10
Q

Net Income

A

Income Statement, Statement of Changes in Stockholders’ Equity

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11
Q

Service Revenue

A

Income Statement

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12
Q

Cash Flow from Operating Activities

A

Statement of Cash Flows

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13
Q

Interest Receivable

A

Balance Sheet

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14
Q

Interest Revenue

A

Income Statement

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15
Q

Rent Expense

A

Income Statement

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16
Q

Notes Payable

A

Balance Sheet

17
Q

Unearned Revenue

A

Balance Sheet

18
Q

Cash Flow from Investing Activities

A

Statement of Cash Flows

19
Q

? Ending Retained Earning ?

A

Statement of Changes in Stockholders’ Equity

20
Q

Supplies

A

Balance Sheet

21
Q

Beginning Retained Earnings

A

Statement of Changes in Stockholders’ Equity

22
Q

Cash Flow from Financing Activities

A

Statement of Cash Flows

23
Q

Accounts Receivable

A

Balance Sheet

24
Q

Ending Cash Balance

A

Balance Sheet, Statement of Cash Flows

25
Q

Accounts Payable

A

Balance Sheet

26
Q

Beginning Common Stock

A

Statement of Changes in Stockholders’ Equity

27
Q

Dividends

A

Statement of Changes in Stockholders’ Equity, Statement of Cash Flows

28
Q

Total Assets

A

Balance Sheet

29
Q

“As of” Date Notation

A

Balance Sheet

30
Q

Prepaid Rent

A

Balance Sheet

31
Q

Insurance Expense

A

Income Statement

32
Q

Price/Earning Ratio

A

All

33
Q

Taxes Payable

A

Balance Sheet

34
Q

Consulting Revenue

A

Income Statement

35
Q

Utilities Expense

A

Income Statement

36
Q

Operating Cycle

A

All

37
Q

Operating Expenses

A

Income Statement

38
Q

? Prepaid Insurance ?

A

Balance Sheet