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Required: Identify the financial statement on which each of the following items appears by making an X in the appropriate column. The first one is
Required: Identify the financial statement on which each of the following items appears by making an X in the appropriate column. The first one is done for you. | ||
(20 points total, 2 points each) | ||
Income | Balance | |
Item | Statement | Sheet |
Accounts Payable | X | |
Accounts Receivable | ||
Advertising Expense | ||
Common Stock | ||
Equipment | ||
Land | ||
Notes Payable | ||
Rent Expense | ||
Revenue | ||
Salaries Payable |
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