ndicate whether the following items would appear on the income statement, balance sheet, or retained earnings statement.a.Service Revenue select a financial statement b.Utilities Expense select a financial statement c.Cash select a financial statement d.Accounts Payable select a financial statement e.Supplies select a financial statement f.Salaries Expense select a financial statement g.Accounts Receivable select a financial statement h.Retained Earnings (ending) select a financial statement i.Equipment select a financial statement j.Advertising Expense select a financial statement k.Dividends select a financial statement l.Notes Payable select a financial statement

Name: ndicate whether the following items would appear on the income stateme
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Description: ndicate whether the following items would appear on the income statement, balance sheet, or retained earnings statement.a.Service Revenue select a financial statement b.Utilities Expense sele

Financial statements are detailed reports prepared to present the financial performance of an…

Answered: ndicate whether the following items…

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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ndicate whether the following items would appear on the income statement, balance sheet, or retained earnings statement.

a.	Service Revenue	select a financial statement
b.	Utilities Expense	select a financial statement
c.	Cash	select a financial statement
d.	Accounts Payable	select a financial statement
e.	Supplies	select a financial statement
f.	Salaries Expense	select a financial statement
g.	Accounts Receivable	select a financial statement
h.	Retained Earnings (ending)	select a financial statement
i.	Equipment	select a financial statement
j.	Advertising Expense	select a financial statement
k.	Dividends	select a financial statement
l.	Notes Payable	select a financial statement

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