List the statement on which each of the following items may appear. Choose from (A) income statement,

Question:

List the statement on which each of the following items may appear. Choose from (A) income statement, (B) balance sheet, or (C) neither.
a. Net income
b. Cost of goods sold
c. Gross profit
d. Retained earnings
e. Paid-in capital in excess of par
f. Sales
g. Supplies expense
h. Investment in G. Company
i. Dividends
j. Inventory
k. Common stock
l. Interest payable
m. Loss from flood
n. Land
o. Taxes payable
p. Interest income
q. Gain on sale of property
r. income
s. Depreciation expense
t. Accounts receivable
u. Accumulated depreciation
v. Sales commissions

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...