Fill in the blank spaces with categories 1 through 7:
1. Balance sheet (BS)
2. Income statement (IS)
3. Current assets (CA)
4. Capital assets (Cap A)
5. Current liabilities (CL)
6. Long-term liabilities (LL)
7. Shareholders' equity (SE)
Indicate whether

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Item is on Balance If on Balance Sheet, Sheet (BS) or Income Statement (IS) Designate Which Category Item Retained earnings Income tax expense Accounts receivable Common stock Bonds payable, maturity 2022 Notes payable (six months) Net income Selling and administrative expenses Inventories Accrued expenses Cash Plant and equipment Sales Operating expenses Marketable securities Accounts payable Interest expense Income tax payable