Eskimo Pie Corporation markets a broad range of frozen treats, including its famous Eskimo Pie ice cream bars. The following items were taken from a recent income statement and balance sheet. In each case, identify whether the item would appear on the balance sheet (BS) or income statement (IS).

(a) _____ Income tax expense. (f ) _____ Net sales.

(b) _____ Inventories. (g) _____ Cost of goods sold.

(c) _____ Accounts payable. (h) _____ Common stock.

(d) _____ Retained earnings. (i) _____ Receivables.

(e) _____ Property, plant, and equipment. (j) _____ Interest expense.