Based on the data presented in Exercise 1-16, identify those items that would appear on the income

Question:

Based on the data presented in Exercise 1-16, identify those items that would appear on the income statement.

Data From 1-16:

From the following list of selected items taken from the records of Bobcat Appliance Service as of a specific date, identify those that would appear on the balance sheet:

1. Accounts Receivable
2. Cash
3. Fees Earned
4. Land
5. Mary Bayern, Capital
6. Supplies
7. Supplies Expense
8. Utilities Expense
9. Wages Expense
10. Wages Payable

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Accounting

ISBN: 978-1285743615

26th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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