Presented below is a list of financial statement accounts. Using the letter A for assets. L for liabilities, SE for shareholders' equity, R for revenue, E for expenses, and N/A for not applicable. identify (a) whether the listed accounts appear on the balance sheet (13/S) or income statement (US), and if so. (b) the nature of the account (A. L. SE. R. E. or N/A).
1. Accounts receivable

2. Common stock

3. Sales

4. Land

5. Retained earnings

6. Notes payable

7. Dividends paid

8. Inventory
9. Depreciation expense

10. Accounts payable

11. Cash flow from operating activities

12. Cash

13. Cost of goods sold

14. Equipment

15. Selling expense

16. Interest income