Question
The balances of the accounts described below appear in the Adjusted Trial Balance. Use the letters A and B to indicate whether each account will
The balances of the accounts described below appear in the Adjusted Trial Balance. Use the letters A and B to indicate whether each account will be reported on the (A) Income Statement or (B) Balance sheet ___ 16. Prepaid Insurance ___ 17. Unearned Fees ___ 18. Kim Lee, Capital ___ 19. Salary Expense ___ 20. Depreciation Expense ___ 21. Supplies Expense ___ 22. Rent Revenue ___ 23. Unearned Rent ___ 24. Supplies ___ 25. Accumulated Depreciation ___ 26. Insurance Expense ___ 27. Accounts Payable ___ 28. Sales Commissions ___ 29. Fees Earned ___ 30. Land ___ 31. Machinery
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