Classifying accounts in financial statements Indicate the financial statement on which each of the following items appears.

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Classifying accounts in financial statements Indicate the financial statement on which each of the following items appears. Use I for income statement, E for statement of owner’s equity, and B for balance sheet.

a. Services Revenue

b. Interest Payable 

c. Accounts Receivable

d. Salaries Expense

e. Equipment

f. Prepaid Insurance 

g. Buildings 

h. Interest Revenue 

i. Owner Withdrawals 

j. Office Supplies

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College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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