Question
The balances for the accounts listed below appeared in the Adjusted Trial Balance columns of the work sheet. Indicate whether each balance should be extended
The balances for the accounts listed below appeared in the Adjusted Trial Balance columns of the work sheet. Indicate whether each balance should be extended to the (IS) Income Statement columns or (BS) Balance Sheet columns.
| (1) | Accounts Receivable |
|
| (7) | Retained Earnings |
|
| (2) | Unearned Revenue |
|
| (8) | Land |
|
| (3) | Investments |
|
| (9) | Note Payable |
|
| (4) | Retained Earnings |
|
| (10) | Depreciation Expense |
|
| (5) | Supplies |
|
| (11) | Salary Payable |
|
| (6) | Sales |
|
| (12) | Goodwill |
|
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Aat Management Accounting Budgeting
Authors: BPP Learning Media
1st Edition
1509718400, 978-1509718405
