Indicate whether each of the following items will be reported in the balance sheet (BS), statement of earnings (SE), both the balance sheet and statement of earnings (B), or neither statement (N) for example, it might appear only on the cash flow statement a Notes receivable b Interest revenue from...

Indicate whether each of the following items will be reported in the balance sheet (BS), statement of

Question:

Indicate whether each of the following items will be reported in the (BS), statement of earnings (SE), both the and statement of earnings (B), or neither statement (N)-for example, it might appear only on the cash flow statement.
a. Notes receivable
b. Interest revenue from a short-term investment
c. Common shares
d. Depreciation expense on a building
f. Interest expense
g. Cash from the issuance of shares
h. Wages payable
i. Interest expense owed and paid on a bank loan
j. Retained earnings
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... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...