Accounting

Problem IV: (34 points) All general ledger account balances eventually become part of a company's financial statements. For each of the accounts below, indicate using either an "X" or checkmark the financial statement on which the account's balance should be shown. Also, if the account is shown on a company's balance sheet, further indicate if it should appear in the asset, liability, or stockholders' equity section. The first account has been completed as an example. There should only be one "X" per account. No credit will be given if more than one "X" is given on a given row. Balance Sheet Income Statement Statement of Retained Earnings Asset section Liability section Stockholders' Equity section b. Ini Accounts Payable (Example) Equipment Interest Expense c. Interest Payable d. Deferred (or Uneamed) Revenue e. Common Stock Accounts Receivable Depreciation Expense h. Accumulated Depreciation Allowance for Doubtful Accts Bad Debts Expense k. Cost of Goods Sold Dividends Declared m. Salaries Expense n. Sales Revenue 0. Rent Expense p. Prepaid Rent q. Retained Earnings Beginning