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eBook Question Content Area Flow of accounts into financial statements The balances for the accounts that follow appear in the Adjusted Trial Balance columns of

eBook
Question Content Area
Flow of accounts into financial statements
The balances for the accounts that follow appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of owners equity, or balance sheet.
Line Item Description Classification
1. Accounts Payable
2. Accounts Receivable
3. Cash
4. A. J. Tarantino, Drawing
5. Fees Earned
6. Supplies
7. Unearned Rent
8. Utilities Expense
9. Wages Expense
10. Wages Payable

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