Question: For each item below, indicate to which category of elements of financial statements it belongs. (a) Retained earnings (b) Sales (c) Additional paid-in capital (d)

For each item below, indicate to which category of elements of financial statements it belongs.

(a) Retained earnings

(b) Sales

(c) Additional paid-in capital

(d) Inventory

(e) Depreciation

(f) Loss on sale of equipment

(g) Interest payable

(h) Dividends

(i) Gain on sale of investment

(j) Issuance of common stock

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