Which information is often not included in a bank statement?
the bank’s contact information
the start date and end date
the starting balance
the account owner’s Social Security number
9 answers
The account owner's Social Security number is often not included in a bank statement.
What are the most common transactions that appear on a bank statement?
deposits
interest rate
transfers
A and C
deposits
interest rate
transfers
A and C
A and C. The most common transactions that appear on a bank statement are deposits and transfers.
What is an income statement?
a list of all sources of income
a statement of sales over time compared to COGS at any point of time
a statement that compares assets to liabilities
a statement that compares revenues to expenses and presents the net income (or loss) from a period of time
a list of all sources of income
a statement of sales over time compared to COGS at any point of time
a statement that compares assets to liabilities
a statement that compares revenues to expenses and presents the net income (or loss) from a period of time
A statement that compares revenues to expenses and presents the net income (or loss) from a period of time is known as an income statement.
Which is the best description of a balance sheet?
a statement listing retained earnings
a statement that balances assets to liabilities and equity
a list of outstanding debt compared to revenue
a comparison of revenue to SG&A and COGS
a statement listing retained earnings
a statement that balances assets to liabilities and equity
a list of outstanding debt compared to revenue
a comparison of revenue to SG&A and COGS
A statement that balances assets to liabilities and equity is the best description of a balance sheet.
Which option is a long-term financial goal?
saving for a new smartphone
saving for emergencies
saving for a new car
saving for retirement
saving for a new smartphone
saving for emergencies
saving for a new car
saving for retirement
Saving for retirement is a long-term financial goal.
1 answer