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INDICATE WHICH FINANCIAL STATEMENT EACH OF THE FOLLOWING ACCOUNTS BELONGS ON MARK BS FOR BALANCE SHEET IS FOR INCOME STATEMENT DESCRIPTION BS/IS CASH SALES COMMON

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INDICATE WHICH FINANCIAL STATEMENT EACH OF THE FOLLOWING ACCOUNTS BELONGS ON MARK BS FOR BALANCE SHEET IS FOR INCOME STATEMENT DESCRIPTION BS/IS CASH SALES COMMON STOCK ACCRUED INTEREST PAYABLE DEPRECIATION EXPENSE COST OF GOODS SOLD PREPAID INSURANCE SUPPLIES EXPENSE WORK IN PROCESS INVENTORY MANUFACTURING EQUIPMENT PREPARE JOURNAL ENTRIES FOR THE FOLLOWING TRANSACTIONS, SOLD MERCHANDISE FOR $100,000 WITH TERMS 2/10 NET 30 ON OPEN ACCOUNT USING THE GROSS METHOD. (IGNORE ANY COST OF GOODS SOLD/INVENTORY REDUCTION PORTION OF THIS TRANSACTION) DEBIT CREDIT DESCRIPTION

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