1 through 10 for each of the following financial statement elements identify the most appropriate financial statement and the corresponding component within that financial statement from the following alternatives: (Each question will have two answers, one Letter and one Numeric)

A. Balance sheet

1. Assets. 2. Liabilities. 3. Equity.

B. Statement of Changes in Shareholders’ Equity

1. Transactions with owners. 2. Comprehensive income.

C. Income Statement

1. Revenues. 2. Expenses. 3. Gain or losses.

D. Statement of Cash Flows

1. Operating. 2. Investing. 3. Financing.

1. Accounts receivable

2. Deferred revenue

3. Accumulated depreciation

4. Depreciation expense

5. Cash received from customers

6. Cash dividends declared

7. Cash dividends paid

8. Cash dividends payable

9. Accrued expenses

10. Deferred income tax benefits