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M 1 - 4 ( Static ) Matching Financial Statement Items to Balance Sheet and Income Statement Categories [ LO 1 - 2 ] For

M1-4(Static) Matching Financial Statement Items to Balance Sheet and Income Statement Categories [LO 1-2]
For each of the following items in Procter & Gamble's financial statements, select (1) whether it is reported in the income statement or balance sheet and (2) the type of account. The first item is given as an example.
\table[[Account,Statement,Account Type],[Cash,Balance Sheet,Asset],[1. Accounts Payable,,],[2. Accounts Receivable,,],[3. Income Tax Expense,,],[4. Sales Revenue,,],[5. Notes Payable,,],[6. Retained Earnings,,]]
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