Question: State the balance sheet or income statement classification (asset, liability, stockholders equity, revenue, or expense) of each of the following accounts: a. Cash (received from

State the or income statement classification (asset, liability, stockholders’ equity, revenue, or expense) of each of the following accounts:
a. Cash (received from the issuance of capital stock).
b. Organization Costs.
c. Preferred Stock.
d. Retained Earnings.
e. Additional Paid-in Capital.
f. Income Taxes Payable.

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