Indicate the financial statement on which each of the following items appears: income statement, statement of owner's equity, or balance sheet. a. Supplies b. Supplies Expense c. Taxes Expense d. Taxes Payable e. Trucks f. Unearned Revenue g. Unearned Subscription Revenue h. Unearned Ticket Revenue i. Utilities Expense j. Utilities Payable k. Wages Expense 1. Wages Payable
Indicate the financial statement on which each of the following items appears: income statement, statement of owner's equity, or balance sheet. a. Supplies b. Supplies Expense c. Taxes Expense d. Taxes Payable e. Trucks f. Unearned Revenue g. Unearned Subscription Revenue h. Unearned Ticket Revenue i. Utilities Expense j. Utilities Payable k. Wages Expense 1. Wages Payable
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter11: Work Sheet And Adjusting Entries
Section: Chapter Questions
Problem 4E: Indicate the work sheet columns (Income Statement Debit, Income Statement Credit, Balance Sheet...
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>Accounts are shown as Revenue, Expense, Assets, Liabilities or Equity account based on their nature. |
>Revenue accounts and Expense accounts are shown under Income Statement. |
>Asset, Liabilities & Equity accounts are shown on Balance Sheet. |
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