Golden Corporation reported the following selected accounts and amounts at November 30, 2018: Accounts payable $ 19,400 Accounts receivable 15,700 Advances to employees 2,500 Allowance for doubtful accounts 1,100 Allowance for doubtful notes (current) 4,300 Bad debts expense 1,700 Cash 6,500 Interest expense 2,100 Interest revenue 5,200 Inventory 22,700 Notes receivable (current) 21,500 Notes receivable (non-current) Unresolved Prepaid insurance 1,300 Sales 318,200 Sales discounts 10,000 Sales tax recoverable 2,700 Identify which of the above accounts are statement of financial position accounts and which are income statement accounts Accounts payable $ 19,400 Statement of Financial Position 4 Accounts receivable 15,700 Statement of Financial Position Advances to employees 2,500 Income Statement Allowance for doubtful accounts 1,100 Income Statement Allowance for doubtful notes (current) 4,300 Income Statement Bad debts expense 1,700 Income Statement Cash 6,500 Statement of Financial Position 4 Interest expense 2,100 Statement of Financial Position 4 Interest revenue 5,200 Statement of Financial Position 4 Inventory 22,700 Statement of Financial Position 4 Notes receivable (current) 21,500 Income Statement Notes receivable (non-current) Unresolved Income Statement Prepaid insurance 1,300 Statement of Financial Position 4 Sales 318,200 Statement of Financial Position 4 Sales discounts 10,000 Statement of Financial Position 4 Sales tax recoverable 2,700 Income Statement Indicate where each of the income statement accounts would be reported (for example, operating revenue, operating expenses, non-operating expenses, or non-operating revenue). For statement of financial position accounts select "Not Applicable" Accounts payable $ 19,400 Accounts receivable 15,700 Advances to employees 2,500 Allowance for doubtful accounts 1,100 Allowance for doubtful notes (current) 4,300 Bad debts expense 1,700 Cash 6,500 Interest expense 2,100 Interest revenue 5,200 Inventory 22,700 Notes receivable (current) 21,500 Notes receivable (non-current) Unresolved Prepaid insurance 1,300 Sales 318,200 GOLDEN CORPORATION Statement of Financial Position (Partial) Assets $ $ $ $