Fill in the blank spaces with categories 1 through 7:
1. Balance sheet (BS)
2. Income statement (IS)
3. Current assets (CA)
4. Fixed assets (FA)
5. Current liabilities (CL)
6. Long-term liabilities (LL)
7. Stockholders€™ equity(SE)

Transcribed Image Text:

Indicate Whether Item Is on Balance Sheet (BS) or If on Balance Sheet, Designate Which Category ncome Statement (IS) Item Accounts receivable Retained earnimgs Income tax expense Accrued expenses Cash Selling and administrative expenses Plant and equipment Operating expenses Marketable securities Interest expense Sales Notes payable (6 months,) Bonds payable, maturity 2019 Common stock Depreciation expense Inventories Capital in excess of par value Net imcome (eamings after taxes)