Question: Business Course Time left 0:14:26 Return to course Question 2 Incomplete answer Marked out of 7.00 Flag question Identifying and Classifying Balance Sheet and

Business Course Time left 0:14:26 Return to course Question 2 Incomplete answer

Business Course Time left 0:14:26 Return to course Question 2 Incomplete answer Marked out of 7.00 Flag question Identifying and Classifying Balance Sheet and Income Statement Accounts Following are selected accounts for Proctor & Gamble. (a) Indicate whether each account appears on the balance sheet (B) or income statement (I). Sales ($ millions) Net income Accumulated depreciation Depreciation expense Retained earnings Property, plant & equipment, net Selling, general & administrative expense Accounts receivable Total liabilities Stockholders' equity Amount Classification $83,503 12,075 17,446 3,166 48,986 20,640 25,725 6,761 74,498 69,494 (b) Using the data, compute total assets and total expenses. Total Assets = $ 0 Total Expenses -$ 0 Please answer all parts of the question. Previous Save Answers

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