Can someone tell me where these statements go? The choices are income statement, statement of changes in owners equity, statement of financial position, and/or statement of cash flows. Help would be greatly appreciated.

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Sold items that cost us $10,000 to customers. Paid 6% interest and Hired a part-time worker and paid her $500 principal on the note. $3,000 this year. (1) Paid for 80% of the John (the owner) took $100 Invoices to customers items we bought to from the cash register to buy totaled $22,000. his son a winter coat. sell to customers. Beginning to think that every time we sell something there is a 19% Costs incurred this year Got 85% of the money Depreciation on the van $600 chance that the customer will that customers owed Utility bils paid $300 never pay us. Property Tax bill was $500 us. Paid the lawyer $300 Paid cash to buy supplies costing $300 and used 2/3 of them. d We had to count the items Bought a three-year we haven't sold four times insurance policy on before it made any sense. February 1 for $2,160. Bought items to sell to people. Haven't paid for them yet. Items cost $20,000. Sold items that cost us $10,000 to customers. Paid 6% interest and Hired a part-time worker and paid her $500 principal on the note. $3,000 this year. (1) Paid for 80% of the John (the owner) took $100 Invoices to customers items we bought to from the cash register to buy totaled $22,000. his son a winter coat. sell to customers. Beginning to think that every time we sell something there is a 19% Costs incurred this year Got 85% of the money Depreciation on the van $600 chance that the customer will that customers owed Utility bils paid $300 never pay us. Property Tax bill was $500 us. Paid the lawyer $300 Paid cash to buy supplies costing $300 and used 2/3 of them. d We had to count the items Bought a three-year we haven't sold four times insurance policy on before it made any sense. February 1 for $2,160. Bought items to sell to people. Haven't paid for them yet. Items cost $20,000.

Answer rating: 100% (QA)

1 w This statement goes to the statement of financial position This is because it is a prepaid expense that has been in advance that is recorded as a ... View the full answer