11.) On what financial statement does Discount on Bonds Payable appear? (Only use Statement of Retained Earnings if that is the only statement on which the account appears.

Multiple Choice

• Income Statement

• Statement of Retained Earnings

• Balance Sheet

12.) On what financial statement does Cash appear? (Only use Statement of Retained Earnings if that is the only statement on which the account appears).

Multiple Choice

• Income Statement

• Statement of Retained Earnings

• Balance Sheet

13.) On what financial statement does Dividends appear? (Only use Statement of Retained Earnings if that is the only statement on which the account appears).

Multiple Choice

• Income Statement

• Statement of Retained Earnings

• Balance Sheet

14.) On what financial statement does Preferred Stock appear? (Only use Statement of Retained Earnings if that is the only statement on which the account appears).

Multiple Choice

• Income Statement

• Statement of Retained Earnings

• Balance Sheet

• Expense

15.) On what financial statement does Retained Earnings appear? (Only use Statement of Retained Earnings if that is the only statement on which the account appears).

Multiple Choice

• Income Statement

• Statement of Retained Earnings

• Balance Sheet