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For each item below, indicate to which category of elements of financial statements it belongs. (a)Retained earnings. (e)Depreciation. (h)Dividends. (b)Sales. (f)Loss on sale of equipment.

  1. For each item below, indicate to which category of elements of financial statements it belongs.

(a)Retained earnings. (e)Depreciation. (h)Dividends.

(b)Sales. (f)Loss on sale of equipment. (i)Gain on sale of investment.

(c)Share Premium. (g)Interest payable. (j)Issuance of ordinary shares.

(d)Inventory.

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