Each of the following items is shown in the financial statements of ExxonMobil Corporation. Identify the financial statement (balance sheet or income statement) in which each item would appear.

a. Accounts payable

b. Cash equivalents

c. Crude oil inventory

d. Equipment

e. Exploration expenses

f. Income taxes payable

g. Investments

h. Long-term debt

i. Marketable securities

j. Notes and loans payable

k. Notes receivable

l. Operating expenses

m. Prepaid taxes

n. Sales

o. Selling expenses