Match each of the six items listed at the bottom with one of the following locations: 1.

Question:

Match each of the six items listed at the bottom with one of the following locations:
1. Located on the Income Statement debit column of the worksheet
2. Located on the Income Statement credit column of the worksheet
3. Located on the debit column of the work sheet
4. Located on the credit column of the worksheet
______ a. Ending Merchandise Inventory
______ b. Unearned Rent
______ c. Sales Discounts
______ d. Purchases
______ e. Rental Income
______ f. Petty Cash 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...