S19 bookstatic Suppose you are analyzing the financial state

S1-9 (book/static) Suppose you are analyzing the financial statements of Bartelle, Inc. Identify each item with its a shows up on three statements. (Fill in all of the boxes before checking your answers.) Identify each account or heading with the appropriate financial statement(s). Question Help t of retained earnings (R). Balance sheet (B), and Statement of cash flows (C). Three items appear on two financial statements, and one item a. Accounts payable b. Inventory c. Interest revenue d. Long-term debt e. Net cash used for financing activities f. Salary expense g. Cash h. Dividends i. Increase or decrease in cash J. Net income B, C C, R B, I,R k. Net cash provided by operating activities I. Retained eanings B, R m. Sales revenue Choose from any drop-down list and then click Check Answer

Solution

Answer

Accounts payable

B

Inventory

B

Interest Revenue

I

Long Term Debt

B

Net Cash used for financing activities

C

Salary expense

I

Cash

B,C

Dividends

C,R

Increase or decrease in Cash

C

Net Income

I,B,R

Net cash provided y operating activities

C

Retained earnings

B,R

Sales Revenue

I

Common Stock

B

Accounts payable	B
Inventory	B
Interest Revenue	I
Long Term Debt	B
Net Cash used for financing activities	C
Salary expense	I
Cash	B,C
Dividends	C,R
Increase or decrease in Cash	C
Net Income	I,B,R
Net cash provided y operating activities	C
Retained earnings	B,R
Sales Revenue	I
Common Stock	B