IDENTIFICATION OF ACCOUNTS. The items listed below are selected from the financial statements of a business:

1. Cash 2. Accounts payable 3. Capital stock 4. Fuel expense 5. Service revenue 6. Retained earnings 7. Dividends 8.Supplies 9. Accounts receivable 10. Net income REQUIRED:

Make a list of the numbers from 1 through 10. Opposite each number indicate whether the corresponding item is an asset (A), a liability (L), or an equity (E) item, and whether each item would appear on the income statement (IS), the statement of changes in retained earnings (RE), or the balance sheet (BS). Some items may appear on more than one financial statement.