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Hey this is my question. it seem bask but i have no idea how to deal with it. please provide me the correct answer.Thank you.
Hey this is my question. it seem bask but i have no idea how to deal with it. please provide me the correct answer.Thank you. Though the McDonald's menu of hamburgers, cheeseburgers. the big mac, quarter Pounder, Filet-O- fish and chicken MC nuggets is easily recognized, McDonald's financial statement may not be as familiar. the following items were adapted from a recent annual report of McDonald's corporation. 1- accounts payable 2 accrued interest payable 3 capital stock outstanding 4 cash 5 cash provided by operation 6 food and packaging costs used in operations 7 income tax expense 8 interest expense 9 inventories 10 long-term debt payable 11 net income 12 net increase in cash 13 note payable 14 notes receivable 15 occupancy and rent expense 16 payroll expense 17 prepaid expenses not yet used in operations 18 property and equipment 19 retained earnings 20 sales identify the financial statement on which each of the preceding items would appear. an item may appear on more than one statement. use the following notations: IS income statement RE Retained earnings statement BS Balance sheet SCF statement of cash flows
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