Balance sheet and Income statement classification. Fill in the bla=nk spaces with categories 1 through 7:

1. Balance Sheet (BS) 5. Current Liabilities (CL)

2. Income Statement (IS) 6. Long-Term Liabilities (LL)

3. Current Assets (CA) 7. Stockholders' Equity (SE)

4. Fixed Assets (FA)

Indicate whether

item is on balance if on balance

sheet (BS) or sheet

income which

stament (IS) category Items

___________ __________ accounts recievable

___________ __________ retained earnings

___________ __________ income tax expense

___________ __________ accrued expense

__________ __________ cash

___________ __________ selling and administrative expenses

___________ ___________ plant and equipment

___________ ___________ operating expenses

___________ ___________ marketable securities

___________ ___________ interest expense

___________ ___________ sales

___________ ___________ notes payable (6 months)

___________ ___________ bonds payable, maturity 2019

___________ ___________ commons stock

___________ ___________ depreciation expenses

___________ ___________ inventories

___________ ___________ capital in excess of par value

___________ ___________ net income (earnings after taxes)

___________ ___________ income tax payable