First one the answer the simple accounting questions below get the points?

Suppose you are analyzing the financial statements of Murphy Radiology, Inc. Identify each item with its appropriate financial statement, using the following abbreviations: Income statement (IS), Statement of retained earnings(SRE),

Balance Sheet (BS), and Statement of cash flows (SCF).

a. Dividends

b. Salary expenses

c. Inventory

d. Sales revenue

e. Retained earnings

f. Net cash provided by operating activities

g. Net income

h. Cash

i. Net cash used for financial activities

j. Accounts payable

k. Common stock

l. Interest revenue

m. Long-term debt

n. Increase or decrease in cash

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  • Marc
    Lv 7
    9 years ago
    Favorite Answer

    Suppose you are analyzing the financial statements of Murphy Radiology, Inc. Identify each item with its appropriate financial statement, using the following abbreviations: Income statement (IS), Statement of retained earnings(SRE),

    Balance Sheet (BS), and Statement of cash flows (SCF).

    a. Dividends - SRE

    b. Salary expenses - IS

    c. Inventory - BS

    d. Sales revenue - IS

    e. Retained earnings - BS & SRE

    f. Net cash provided by operating activities - SCF

    g. Net income SCF & IS

    h. Cash - BS & SCF

    i. Net cash used for financial activities- SCF

    j. Accounts payable - BS

    k. Common stock - BS

    l. Interest revenue - IS

    m. Long-term debt - BS

    n. Increase or decrease in cash - SCF

    Source(s): 35 years of accountig experience
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  • 3 years ago

    Smith to start with debited coins for $sixteen,000 to mounted the financial institution account. Smith then Debited workplace provides for $two,six hundred (revenue announcement object) __Credited money owed payable $two,six hundred (steadiness sheet object) To exhibit acquire of workplace provides on account. Debit pc $7,two hundred (Fixed asset steadiness sheet object) __Credit Cash $7,two hundred

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