From the following list of selected items taken from the records of Maya Appliance Service as of a specific date, identify those that would appear on the balance sheet 1 Accounts Payable 2 Cash 3 Fees Earned 4 Ishmael Maya, Capital 5 Land 6 Supplies 7 Supplies Expense 8 Utilities Expense 9 Wages Ex...

From the following list of selected items taken from the records of Maya Appliance Service as of

Question:

From the following list of selected items taken from the records of Maya Appliance Service as of a specific date, identify those that would appear on the balance sheet:
1.
2. Cash
3. Fees Earned
4. Ishmael Maya, Capital
5. Land
6. Supplies
7. Supplies Expense
8. Utilities Expense
9. Wages Expense
10. Wages Payable

Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...