Matching Financial Statement Items to Financial Statement Categories Mark each item in the following list as an asset (A), liability (L), or stockholders equity (SE) item that would appear on the balance sheet or a revenue (R) or expense (E) that would appear on the income statement (1) Retained earnings (2) Accounts receivable (3) Sales revenue (4) Property, plant, and equipment (5) Cost of goods sold expense (7) Interest expense (8) Accounts payable (9) Land

Question: Matching Financial Statement Items to Financial Statement Categories Mark each item in the following list as an asset (A), liability (L), or stockholders equity (SE)

Matching Financial Statement Items to Financial Statement Categories
Mark each item in the following list as an asset (A), liability (L), or stockholders’ equity (SE) item that would appear on the or a revenue (R) or expense (E) that would appear on the income statement.
__(1) Retained earnings
__(2)
__(3) Sales revenue
__(4) Property, plant, and equipment
__(5) Cost of goods sold expense
__(7) Interest expense
__(8) Accounts payable
__(9) Land

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