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f. Accounts Payable g Equipment c Accounts Receivable d. Owner's Capital 2. Indicate whether each account that follows would be shown on the income state-
f. Accounts Payable g Equipment c Accounts Receivable d. Owner's Capital 2. Indicate whether each account that follows would be shown on the income state- ment (IS), the statement of owner's equity (OE), or the balance sheet (BS). a. Commissions Earned b. Automobile c. Utilities Expense e. Supplies Expense f. Accounts Payable g. Withdrawals d. Land LO3 Preparation of a Balance Sheet as of December 31, 2014. Accounts Payable Building J. Oxford, Capital 50,000 112,500 212,500 12,500 Accounts Receivable$62,500 Cash Equipment 25,000 50,000 AN02 Supplies Place the balances in proper order and prepare a balance sheet similar to the one in Exhibit 8
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