Question: Indicate whether the following items would appear on the income statement (IS), balance sheet (BS), or owners equity statement (OE). _______(a) Notes payable _______(d) Cash

Indicate whether the following items would appear on the income statement (IS), balance sheet (BS), or owner’s equity statement (OE).
_______(a) Notes payable _______(d) Cash
_______(b) Advertising expense _______(e) Service revenue
_______(c) Trent Buchanan, Capital

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