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2. Listed below are several accounts or statement categories. In the space provided, indicate by abbreviations (BS, IS, or SCF) how each account should be
2. Listed below are several accounts or statement categories. In the space provided, indicate by abbreviations (BS, IS, or SCF) how each account should be reported in one of the financial statements such as balance sheet (BS), income statement (IS), or statement of cash flows (SCF) Balance Sheet (BS) Income Statement (IS) Statement of Cash Flows (SCF) Account or Statement Category Accounts Receivable Inventory Prepaid Insurance Sales Cost of Goods Sold Cash Flow from Investing Activities Notes Payable Interest Expense Tax Expense Taxes Payable Administrative Expense Current Assets Advertising Expense Cash Flow from Financing Activities
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