Categories

For each item, indicate $(1)$ whether it is reported on the income statement $($I$/$S$)$ or balance sheet $(\frac{B}{S})$ and $(2)$ the type of account asset, $L=$ liability, $SE=$ stockholders' equity, $R=$ revenue, $E=$ expense$).$

Statement

Type

Cash

Accounts Payable

Accounts Receivable

Income Tax Expense

Sales Revenue

Notes Payable

Retained Earnings