Question: Based on the data presented in Exercise 1-16, identify those items that would appear on the income statement. Data From 1-16: From the following list
Based on the data presented in Exercise 1-16, identify those items that would appear on the income statement.
Data From 1-16:
From the following list of selected items taken from the records of Bobcat Appliance Service as of a specific date, identify those that would appear on the balance sheet:
1. Accounts Receivable
2. Cash
3. Fees Earned
4. Land
5. Mary Bayern, Capital
6. Supplies
7. Supplies Expense
8. Utilities Expense
9. Wages Expense
10. Wages Payable
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