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Indicate whether each account listed appears on the balance sheet (B), income statement (I), statement of owner's equity(SOE), or the cash flow statement (CF). Some
Indicate whether each account listed appears on the balance sheet (B), income statement (I), statement of owner's equity(SOE), or the cash flow statement (CF). Some accounts can appear on more than one statement.
Required 1. Indicate whether each account listed is a(n) asset (A), liability (L), owner's equity (OE), revenue (R), or expense (E) account. 2. Indicate whether each account listed appears on the balance sheet (B), income statement (I), statement of owner's equity (SOE), or the cash flow statement (CF). Some accounts can appear on more than one statement. the cash flow statement (CF). Some accounts can appear on more than one statement. 1. Supplies Expense 2. Accounts Receivable 3. J. Chiang, Capital 4. Computer Equipment 5. 6. Accounts Payable 7. 8. 9. 10. Supplies 11. Note Payable Consulting Service Revenue Rent Expense Cash J. Chiang, Withdrawals Type of Account E A OE A R L E A OE A L Statement B B, SOE B I B 1 B, CF B, SOE B B Choose from any drop-down list and then click Check Answer.
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Based on the information provided here are the indications for each account 1 Supplies Expense Type ...Get Instant Access to Expert-Tailored Solutions
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