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Required Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders' equity (SE), balance sheet
Required Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders' equity (SE), balance sheet (BS), or statement of cash flows (CF). Some items may appear on more than one statement; if so, Identify all applicable statements. (Not all cells will require entry.) Answer is not complete. Item/Account Statement Item/Account Statement Supplies BS U. Rent Expense IS b. Cash Flow from Financing Activities CF V. Price/Eamings Ratio C. "As of Date Notation BS W. Taxes Payable d. Ending Retained Earings BS/SE x Unearned Revenue 0. Net Income IS * y Service Revenue E Dividends SE * 2. Net Change in Cash CF an Cash Flow from Investing Activities Consulting Revenue h. "For the Period Ended" IS, CF and SE bb. Utilities Expense BS BS IS CF IS IS " Land BS Operating Income J Ending Common Stock BS/SE dd. Total Liabilities BS k. Salaries Expense IS L Prepaid Rent BS Operating Cycle Cash Flow from Operating Activities CF m Accounts Payable BS 8 Operating Expenses n. Total Assets BS hh Supplies Expense IS 0. Salaries Payable BS 9 P Insurance Expense IS Beginning Retained Earnings Beginning Common Stock BS/SE G Notes Payable BS kk Prepaid Insurance BS 5 Accounts Receivable) BS Salary Expense IS B Interest Receivable BS mm. Beginning Cash Balance BS/CF L Interest Revenue IS nn. Ending Cash Balance BS/CF Prav 14 14
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