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II. On which statement should each of the following accounts appear? Use the codes: IS-Income Statement BS-Balance Sheet OE=OE Statement _ IS 16. Interest Revenue
II. On which statement should each of the following accounts appear? Use the codes: IS-Income Statement BS-Balance Sheet OE=OE Statement _ IS 16. Interest Revenue BS 17. Interest Receivable _ IS 18. Sales BS 19. Unearned Revenue 20. Inventory 21. Depreciation Expense 22. Smith, Capital 23. Cost of Goods Sold 24. Accumulated Depreciation III. For each note, show the maturity date and the interest amount. 25. A $5,000, 1-year note received on April 1 with 8% interest. Maturity Date: Interest: 26. A $10,000, 90 day note received on May 16, with 6% interest. Maturity Date: Interest: 27. A $4,000, 60 day note received on March 20, with 4% interest. Maturity Date: Interest
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