Fred Flores operates a golf driving range. For each of the following financial items related to his
Question:
Fred Flores operates a golf driving range. For each of the following financial items related to his business, indicate the financial statement (or statements) in which the item would be reported: balance sheet (BS), income statement (IS), statement of stockholders' equity (SSE) or statement of cash flows (SCF).
a. Accounts receivable
b. Cash received from the sale of land
c. Net income
d. Cash invested in the business by Flores
e. Notes payable
f. Supplies expense g. Land h. Supplies
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