Exercise 3-19A (Static) Determining the impact of events on financial statements LO 3-1, 3-2, 3-3, 3-5 Required: Indicate whether each of the following statements is true or false: Statement a. The unearned revenue account appears on the income statement. b. Supplies expense appears on the statement of cash flows. c. Prepaid rent appears on the balance sheet. d. The book value of a long-term asset appears on the statement of changes in stockholders' equity. e. Depreciation expense appears on the income statement and in the operating activities section of the statement of cash flows. f. Accrued salaries payable appears on the balance sheet. g. Net income appears on the income statement and the statement of changes in stockholders' equity. h. Dividends are deferrals because they delay the recognition of expenses. i. Depreciation expense reduces net income but has no effect on the statement of cash flows. + j. The amount of accumulated depreciation is added to the corresponding asset account in order to determine the book value of the asset. k. A decrease in unearned revenue is normally offset by an increase in retained earnings. True/False