Indicate in the space provided by each item whether it would appear on the income statement (IS), balance sheet (BS), or retained earnings statement (RE): a. Prepaid Rent 9.- Accounts Receivable Cash h. - Building -Dividends 1 Common Stock b. - C. -----

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1 )

Indicate in the space provided by each item whether it would appear on the income statement
(IS), balance sheet (BS), or retained earnings statement (RE):
a.
Prepaid Rent
9.
Accounts Receivable
Cash
h. -----
Building
-Dividends
Common Stock
Accounts Payable
Patents
Supplies Expense
Service Revenue
Salaries and Wages Payable
1.
Notes Payable
b.
C.
d.
e.
-
-
******
-NO
Transcribed Image Text:Indicate in the space provided by each item whether it would appear on the income statement (IS), balance sheet (BS), or retained earnings statement (RE): a. Prepaid Rent 9. Accounts Receivable Cash h. ----- Building -Dividends Common Stock Accounts Payable Patents Supplies Expense Service Revenue Salaries and Wages Payable 1. Notes Payable b. C. d. e. - - ****** -NO
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