For each of the following items in Time Warner Cable, Inc s financial statements, indicate (1) whether it is reported in the income statement (I S) or balance sheet (B S) and (2) whether it is an asset (A), liability (L), stockholders equity (SE), revenue (R), or expense (E) account The first item ...

Item 1 Statement 2 Account Type Example Cash 880 BS A ...

For each of the following items in Time Warner Cable, Inc. s financial statements, indicate (1)

Question:

For each of the following items in Time Warner Cable, Inc. €™ s financial statements, indicate (1) whether it is reported in the income statement (I/ S) or (B/ S) and (2) whether it is an asset (A), liability (L), stockholders€™ equity (SE), revenue (R), or expense (E) account. The first item is given as an example.

Time Warner Cable also reported $ 4,340 in operating expenses. Based on the available information, determine the company€™s net profit margin expressed as a percent (to one decimal place).

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...