Consider the following accounts Click the icon to view the a
Consider the following accounts (Click the icon to view the accounts.) Identify the financial statement (or statements) that each account would appear on. Use I for Income Statement, RE for Statement of Retained Earnings, B for Balance Sheet, and C for Statement of Cash Flows. (If a box is not used in the table, leave the box empty; do not select a label.) a. Accounts PayableD b. Cash c. Common Stock d. Accounts Receivable e. Rent Expense f. Service Revenue 9. i. Land Salaries Expense
Solution
Indentify financial statement :
| a. | Account payable | B | |
| b. | Cash | B | |
| c. | Common stock | B | |
| d. | Account receivable | B | |
| e | Rent expenses | I | |
| f. | Service revenue | I | |
| g | Office supplies | B | |
| h | Dividend | RE | |
| i | Land | B | |
| j | Salary expenses | I | |