BUSI 2150U Lecture 2: Tutorial 2 - Financial Statements
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E2-17 (classifying items on the financial statements) name the financial statement (balance sheet, income statement, statement of changes in equity, statement of cash flows) on which each of the following items would appear. Indicate the part of the statement each item would appear (e. g. , assets, expenses, cash from operations, etc. ). E2-17: solution: balance sheet (assets, balance sheet (equity, cash flow (cash from operations) and balance sheet (cash, liability) Income sheet (expense) d: balance sheet(equity, balance sheet (liability, balance sheet (liability, balance sheet (asset) P2-3 (prepare and interpret an income statement) you are provided with the following accounting information for hanmer ltd. (hanmer), a retail electronics store, for the years ended december 31, 2016 and 2017: P2-7. (prepare a balance sheet) andrea reed is in her fourth year at a business school in nova. Recently, andrea was asked by her brother nathan to help him prepare a personal balance sheet.