$3$

Indicate whether the item is on the balance sheet or the income statement. If it is on the balance sheet, designate which category. Note: If there is no category, select "None" from the drop down menu.

$4\mathrm{.}5$

points

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|\}$

$\backslash$hline Item & Income Statement$/$ Balance Sheet & Category $\backslash \backslash$

$\backslash$hline Accounts receivable & & $\backslash \backslash$

$\backslash$hline Retained earnings & & $\backslash \backslash$

$\backslash$hline Income tax expense & & $\backslash \backslash$

$\backslash$hline Accrued expenses & & $\backslash \backslash$

$\backslash$hline Cash & & $\backslash \backslash$

$\backslash$hline Selling and administrative expenses & & $\backslash \backslash$

$\backslash$hline Plant and equipment & & $\backslash \backslash$

$\backslash$hline Operating expenses & & $\backslash \backslash$

$\backslash$hline Marketable securities & & $\backslash \backslash$

$\backslash$hline Interest expense & & $\backslash \backslash$

$\backslash$hline Sales & & $\backslash \backslash$

$\backslash$hline Notes payable $(6$ months$)$ & & $\backslash \backslash$

$\backslash$hline Bonds payable, maturity $45$ years & & $\backslash \backslash$

$\backslash$hline Common stock & & $\backslash \backslash$

$\backslash$hline Depreciation expense & & $\backslash \backslash$

$\backslash$hline Inventories & & $\backslash \backslash$

$\backslash$hline Capital in excess of par value & & $\backslash \backslash$

$\backslash$hline Net income $($earnings after taxes$)$ & & $\backslash \backslash$

$\backslash$hline Income tax payable & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$