Carnival Corporation& pkis one of the largest cruise companies in the world with such well-known brands as Carnival Cruise Lines, Holland America Line, and Princess Cruises. Classify each of the following items found in the company's 2008 annual report according to (1 ) whether it belongs on the income statement (IS) or balance sheet (BS) and (2) whether it is a revenue (R), expense (E ), asset (A), liability (L), or stockholders' equity (SE) item.

Item	Appears on the	Classified as
Example:Cash and cash equivalents	BS	A
1.Trade and other receivables. net
2.Common stock of Carnival Corporation
3.Short-term borrowings
4.Passengertickets
5.Selling andadministrative
6.Property and equipment. net
7.Accounts payable
8.Retained earnings
9.Incometax expense
10.Long-termdebt