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Chapter 4, Problem 9E

Determine on which financial statement each account listed below is reported. Use the following abbreviations: Income Statement (IS), Statement of Owner’s Equity (OE), and Balance Sheet (BS).

  1. a. M. James, Capital
  2. b. Cash
  3. c. Rent Expense
  4. d. Accumulated Depreciation, Equipment
  5. e. Wages Payable
  6. f. M. James, Drawing
  7. g. Equipment
  8. h. Office Supplies
  9. i. Depreciation Expense
  10. j. Office Supplies
  11. k. Income from Services
  12. l. Accounts Receivable
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Chapter 4 Solutions

Bundle: College Accounting: A Career Approach (with QuickBooks Online), Loose-leaf Version, 13th + LMS Integrated CengageNOWV2, 1 term (6 months) Printed Access

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