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General Mills is a manufacturer of food products, such as Lucky Charms cereal, Pillsbury crescent rolls, and Green Giant vegetables. The following items were presented
General Mills is a manufacturer of food products, such as Lucky Charms cereal, Pillsbury crescent rolls, and Green Giant vegetables. The following items were presented in the company's financial statements. ny's financiare For each item, select (1) the type of account and (2) whether it is reported on the income statement (1/S) or balance sheet (B/S). (1) Type (2) Statement Item 1. Accounts Payable 2. Common Stock 3. Equipment 4. Accounts Receivable 5. Notes Payable 6. Cash 7. Retained Earnings 8. Office Expenses 9. Sales Revenue 10. Supplies
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