Question: Identifying and Classifying Financial Statement Items For each of the following items, indicate whether they would be reported in the balance sheet (B) or income

Identifying and Classifying Financial Statement Items For each of the following items, indicate whether they would be reported in the balance sheet (B) or income statement (I).

a. Net income

d. Accumulated depreciation g. Interest expense

b. Retained earnings

e. Wages expense h. Interest payable

c. Depreciation expense

f. Wages payable i. Sales

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