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Unit 3 Assignment
Problem BTN 4-9
Problem 4-3A
Problem 6-4A
-----------------------------------------------------------------------------GB 518 Unit 3 Midterm Quiz

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GB 518 Quiz 3
GB518 Financial Accounting Principles and Analysis
1.
Question :
Which of the following elements are
found on the income statement?
Cash
Accounts Receivable
Common Stock
Retained Earnings
Salaries Expense
Question 2. Question :
Fast-Forward had cash inflows
from operations of $62,500; cash outflows from investing
activities of $47,000; and cash inflows from financing of
$25,000. The net change in cash was:
$40,500 increase
$40,500 decrease
$134,500 decrease
$134,000 increase
Question 3. Question :
A debit is:
An increase in an account