Indicate whether each of the following statements regarding preparing financial statements is true or false. a) Accounts receivable is a liability account. (Click to select) b) Salaries payable is on the income statement. (Click to select) c) Interest expense is on the income statement. (Click to select) d) Accounts payable is on the statement of cash flows. (Click to select) e) Notes payable is a liability account. (Click to select) f) Interest payable is an asset account. (Click to select) V

Indicate whether each of the following statements regarding preparing financial statements is true or false. a) Accounts receivable is a liability account. b) Salaries payable is on the income statement. c) Interest expense is on the income statement. d) Accounts payable is on the statement of cash flows. e) Notes payable is a liability account. f) Interest payable is an asset account