Eskimo Pie Corporation markets a broad range of frozen treats, including its famous Eskimo Pie ice cream bars. The following items were taken from a recent income statement and balance sheet. In each case, identify whether the item would appear on the balance sheet or income statement.

(a)		select a financial statement Income StatementBalance Sheet		Income tax expense.
(b)		select a financial statement Balance SheetIncome Statement		Inventory.
(c)		select a financial statement Balance SheetIncome Statement		Accounts payable.
(d)		select a financial statement Income StatementBalance Sheet		Retained earnings.
(e)		select a financial statement Balance SheetIncome Statement		Equipment.
(f)		select a financial statement Income StatementBalance Sheet		Sales revenue.
(g)		select a financial statement Income StatementBalance Sheet		Cost of goods sold.
(h)		select a financial statement Balance SheetIncome Statement		Common stock.
(i)		select a financial statement Income StatementBalance Sheet		Accounts receivable.
(j)		select a financial statement Income StatementBalance Sheet		Interest expense.

Income statement or balance sheet?