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Fill in the blank spacesith categories 1 through 7: Balance Sheet (BS) Income statement (IS) current assets (IS) fixed assets (FA) current liabilities (CL) Long-term

Fill in the blank spacesith categories 1 through 7:

  1. Balance Sheet (BS)
  2. Income statement (IS)
  3. current assets (IS)
  4. fixed assets (FA)
  5. current liabilities (CL)
  6. Long-term liabilities (LL)
  7. Stockholder equity (SE)

  1. Stockholders equity

Indicate whether item is on balance sheet (BS) or Income Statement (IS) If on Balance Sheet, Designate Which Category.

Accounts receivable

Retained earnings

Income tax expense

Accrued expenses

Cash

Selling and administrative expenses

Plant and equipment

Operating expenses

Marketable securities

interest expense

Sales

Bonds payable, maturity 2019

Common Stock

Depreciation expense

inventories

Capital in excess of par value

Net Income (earrings after taxes)

Income tax payable

Notes payable (6 month)

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