Question

Following are selected accounts for a company. For each account, indicate whether it will appear on a budgeted income statement (BIS) or a budgeted balance sheet (BBS). If an item will not appear on either budgeted financial statement, label it NA.
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . ________
Administrative salaries paid . . . . . . . . . ________
Accumulated depreciation . . . . . . . . . . ________
Depreciation expense . . . . . . . . . . . . . ________
Interest paid on bank loan . . . . . . . . . ________
Cash dividends paid . . . . . . . . . . . . . . . ________
Bank loan owed . . . . . . . . . . . . . . . . . . ________
Cost of goods sold. . . . . . . . . . . . . . . . ________



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  • CreatedDecember 26, 2012
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