What would the S/E Equity, Revenues, and Expenses be. Shareholders’ Equity Account Trans. Debit Credit Balance Common stock       $90 cr.           Account Trans. Debit Credit Balance Retained earnings       $5 cr.                               Revenues Account Trans. Debit Credit Balance Consulting revenues                             Expenses Account Trans. Debit Credit Balance Operating expense                             Account Trans. Debit Credit Balance Depreciation exp.                   Account Trans. Debit Credit Balance Interest exp.

Identifying Financial Statement Line Items and Accounts Several line items and account titles are listed below. For each, indicate in which of the following financial statement(s) we would likely find the item or account: income statement (IS), balance sheet (BS), statement of stockholders' equity (SE), or statement of cash flows (SCF). (Select all that apply.) Account (a) Cash asset (b) Expenses (c) Noncash assets (d) Contributed capital (e) Cash outflow for capital expenditures (f) Retained earnings (g) Cash inflow for stock issued (h) Cash outflow for dividends (i) Revenue Financial Statement(s) ◆ + + ♦ ♦ + ◆

Define each of the following terms:a. Annual report; balance sheet; income statement; statement of cash flows; statement ofstockholders’ equityb. Stockholders’ equity; retained earnings; working capital; net working capital; net operatingworking capital (NOWC); total debtc. Depreciation; amortization; operating income; EBITDA; free cash flow (FCF)d. Net operating profit after taxes (NOPAT)e. Market value added (MVA); economic value added (EVA)f. Progressive tax; marginal tax rate; average tax rateg. Tax loss carryback; carryforward; alternative minimum tax (AMT)h. Traditional IRAs; Roth IRAsi. Capital gain (loss)j. S corporation

(participation expected < You would find asset, liability, and equity accounts on which of the following statements? OA. Statement of cash flows B. Balance sheet OC. Statement of retained earnings OD. Income statement

Which pair of accounts follows the rules of debit and credit in relation to increases and decreases in the same manner? Select one: O A. Service Revenue and Equipment O B. Common Stock and Sales Revenue OC. Utilities Expense and Notes Payable D. Dividends Payable and Rent Expense

The retained earnings statement should be prepared a.after the income statement and before the balance sheet b.after the income statement and balance sheet c.before the income statement and after the balance sheet d.before the income statement and balance sheet

Which of the following is a connector account? Retained Earnings O Prepaid Rent O Common Stock O Bond Payable O Accumulated Depreciation

For each account, identify whether the normal balance is a debit or credit a.Notes Payable b.Dividends c.Service Revenue How do i figure this out?

can you help on the preperation of excel The income statement. The statement of retained earnings. The balance sheet. Ratios that can be calculated from the data presented.

The increases in stockholders' equity attributable to selling services or products to customers are called a.liabilities b.revenues c.expenses d.assets