Match each of the five items listed below with one of the following locations: 1. Located on

Question:

Match each of the five items listed below with one of the following locations:

1. Located on the Income Statement debit column of the worksheet 2. Located on the Income Statement credit column of the worksheet 3. Located on the Balance Sheet debit column of the worksheet

4. Located on the Balance Sheet credit column of the worksheet

________a. Sales Returns and Allowances

________b. Accrued Salaries

________c. Sales

________d. Inventory

________e. Accounts Receivable

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...

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