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For each of the following accounts, identify whether it is nominal/temporary or real/permanent, and whether it is reported on the Balance Sheet, Statement of Retained
For each of the following accounts, identify whether it is nominal/temporary or real/permanent, and whether it is reported on the Balance Sheet, Statement of Retained Earnings, or the Income Statement. Accounts Real/permanent or nominal/temporary Income Statement, Statement of Retained Earnings, or Balance Sheet 1. Accounts Payable [Select] [Select] 2. Insurance Expense [Select] 3. Accounts Receivable [Select] [Select] 4. Land [Select] [Select] 5. Cash [Select] [Select] 6. Dividends [Select] 7. Fees Earned Revenue [Select] [Select] 8. Interest Expense [Select] 10. Prepaid Rent [Select]
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