Flow of accounts into financial statements Obj. 1 The balances for the accounts that follow appear in

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Flow of accounts into financial statements Obj. 1 The balances for the accounts that follow appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of stockholders’ equity, or balance sheet.

1. Accounts Receivable 2. Depreciation Expense—Equipment 3. Retained Earnings 4. Office Equipment 5. Rent Revenue 6. Supplies Expense 7. Unearned Revenue 8. Wages Payable AppendixLO1

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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