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Identify and Classify Balance Sheet and Income Statement AccountsFollowing are selected accounts for Best Buy Inc. for a recent fiscal year.a . Indicate whether each

Identify and Classify Balance Sheet and Income Statement AccountsFollowing are selected accounts for Best Buy Inc. for a recent fiscal year.a. Indicate whether each account appears on the balance sheet (B) or income statement (1).eBook$ millionsAmountClassificationSales$42,879Income StatementAccumulated depreciation6,690Balance SheetDepreciation expense770Income StatementRetained earnings2,985Balance SheetNet income1,464Income StatementProperty, plant, and equipment, net2,510Balance SheetSelling, general, and administrative expense8,015Income StatementAccounts receivable1,015Balance SheetTotal liabilities9,595Balance SheetTotal stockholders' equity3,306Balance Sheetb. Using the given data (account balances and financial statement subtotals), compute total assets and t expenses. Note: Do not use any negative signs.

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