Accounting for management

E$1\mathrm{.}22$ Account Identification. Presented below is a list of financial statement accounts. Using the letter A for assets, L for liabilities, SE for shareholders' equity, R for revenue, E for expenses, and N$/$A for not applicable, identify $($a$)$ whether the listed accounts appear on the balance sheet $($B$/$S$)$ or income statement $($I$/$S$),$ and if so$,($b$)$ the nature of the account $($A$,$ L$,$ SE$,$ R$,$ E$,$ or N$/$A$).$

$1.$ Accounts receivable

$2.$ Common stock

$3.$ Sales

$4.$ Land

$5.$ Retained earnings

$6.$ Notes payable

$7.$ Dividends paid

$8.$ Inventory

$9.$ Depreciation expense

$10.$ Accounts payable

$11.$ Cash flow from operating activities

$12.$ Cash

$13.$ Cost of goods sold

$14.$ Equipment

$15.$ Selling expense

$16.$ Interest income