Financial Statement Classification Indicate whether each of the following items will be reported in the balance sheet (BS), income statement (IS), neither the balance sheet nor income statement (N), or both the balance sheet and income statement (B):

Cash.

. Loans payable.

. Interest income.

. Income distributed to shareholders.

. Salary expense.

. Anticipated sales next period.

. Common stock.

. Payment to retire debt during the period.

. Sales of goods and services.

. Buildings and equipment.