Exercise 2-12 Financial Statement Classification statement-balance sheet (BS), income statement (IS), or retained earnings statement (RE)-on which each of the following items would appear. 11. Land held for future expansion 12. Loan payable 13. Office supplies 1. Accounts payable 2. Accounts receivable 3. Advertising expense 4. Bad debt expense 5. Bonds payable 6. Buildings 7. Cash 8. Common stock 9. Depreciation expense 10. Dividends -14. Patent 15. Patent amortization expense 16. Prepaid insurance 17. Retained earnings 18. Sales 19. Utilities expense 20. Wages pavable