Co X 2 OF 2 QUESTIONS REMAINING The balances for the accounts listed below appear in the Adjusted Trial Balance columns of the spreadsheet. Indicate whether each account would flow into the income statement, statement c equity, or balance sheet. Prompts Accounts Payable Accounts Receivable Cash Dora Kovar, Drawing Fees Earned Supplies Unearned Rent Utilities Expense Questions Filter (2) Y Submitted Answers Choose a match Choose a match. Choose a match Choose a match Choose a match Choose a match Choose a match Choose a match

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
icon
Concept explainers
Question
**Transcription for Educational Website**

---

**Accounting Exercise: Adjusted Trial Balance**

**Instructions:**  
You have 2 of 2 questions remaining. The balances for the accounts listed below appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of owner's equity, or balance sheet.

**Prompts and Options for Submission:**

1. **Accounts Payable**  
   - [ ] Choose a match

2. **Accounts Receivable**  
   - [ ] Choose a match

3. **Cash**  
   - [ ] Choose a match

4. **Dora Kovar, Drawing**  
   - [ ] Choose a match

5. **Fees Earned**  
   - [ ] Choose a match

6. **Supplies**  
   - [ ] Choose a match

7. **Unearned Rent**  
   - [ ] Choose a match

8. **Utilities Expense**  
   - [ ] Choose a match

**Sidebar Content:**

- **Attempts:**  
  - 2 attempts remaining

- **Evaluation:**
  - **Description:** This homework assignment is designed to test your knowledge of the adjusted trial balance and how each account is categorized in financial statements. You are allowed two attempts to complete it.

**Navigation Options:**  
- Save and Close

**Note:** If you have any questions, please refer to the accounting resources provided on this platform. Good luck!

--- 

This transcription is designed to help students understand how to classify various accounts within financial statements accurately.
Transcribed Image Text:**Transcription for Educational Website** --- **Accounting Exercise: Adjusted Trial Balance** **Instructions:** You have 2 of 2 questions remaining. The balances for the accounts listed below appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of owner's equity, or balance sheet. **Prompts and Options for Submission:** 1. **Accounts Payable** - [ ] Choose a match 2. **Accounts Receivable** - [ ] Choose a match 3. **Cash** - [ ] Choose a match 4. **Dora Kovar, Drawing** - [ ] Choose a match 5. **Fees Earned** - [ ] Choose a match 6. **Supplies** - [ ] Choose a match 7. **Unearned Rent** - [ ] Choose a match 8. **Utilities Expense** - [ ] Choose a match **Sidebar Content:** - **Attempts:** - 2 attempts remaining - **Evaluation:** - **Description:** This homework assignment is designed to test your knowledge of the adjusted trial balance and how each account is categorized in financial statements. You are allowed two attempts to complete it. **Navigation Options:** - Save and Close **Note:** If you have any questions, please refer to the accounting resources provided on this platform. Good luck! --- This transcription is designed to help students understand how to classify various accounts within financial statements accurately.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Completing the Accounting Cycle
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education