For each of the following items, identify whether they would most likely be reported in the balance sheet (B) or income statement (I).

(a) MachineryAnswer

(b) Supplies Expense

(c) Prepaid AdvertisingAnswer

(d) Advertising ExpenseAnswer

(e) Common StockAnswer

(f) Factory BuildingsAnswer

(g) Receivables

(h) Taxes Payable

(i) Taxes Expenses

(j) Cost of Goods SoldAnswer

(k) Long-Term DebtAnswer

(l) Treasury Stock