What to put in the income statement based on this list? Inventory Buildings & Improvements Accumulated Depreciation - Buildings & Improvements Furniture & Fixtures Accumulated Depreciation - Furniture & Fixtures Office Equipment Accumulated Depreciation - Office Equipment Accounts Payable Loans Payable Accrued Liabilities Salaries Payable Employee Benefits Payable Paid-Up Share Capital - Common Additional Paid in Capital Retained Earnings Sales Fees and Surcharges & Fines Other Income & Gains Miscellaneous Income Cost of Sales Interest Expense Office Supplies Expense Travel and Transportation Taxes and Licenses Professional Fees Rent Expense Meeting and Conferences Bad Debts Expense Depreciation Expense - B&I Depreciation Expense - FF Depreciation Expense - OE Employees Benefit Expense Salaries & Wages Communication Miscellaneous Expenses Income Summary

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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What to put in the income statement based on this list?

Inventory
Buildings & Improvements
Accumulated Depreciation - Buildings & Improvements
Furniture & Fixtures
Accumulated Depreciation - Furniture & Fixtures
Office Equipment
Accumulated Depreciation - Office Equipment
Accounts Payable
Loans Payable
Accrued Liabilities
Salaries Payable
Employee Benefits Payable
Paid-Up Share Capital - Common
Additional Paid in Capital
Retained Earnings
Sales
Fees and Surcharges & Fines
Other Income & Gains
Miscellaneous Income
Cost of Sales
Interest Expense
Office Supplies Expense
Travel and Transportation
Taxes and Licenses
Professional Fees
Rent Expense
Meeting and Conferences
Bad Debts Expense
Depreciation Expense - B&I
Depreciation Expense - FF
Depreciation Expense - OE
Employees Benefit Expense
Salaries & Wages
Communication
Miscellaneous Expenses
Income Summary

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