Question: Categories For each item, indicate ( 1 ) whether it is reported on the income statement ( I / S ) or balance sheet (
Categories
For each item, indicate whether it is reported on the income statement IS or balance sheet and the type of account asset, liability, stockholders' equity, revenue, expense
Statement
Type
Cash
Accounts Payable
Accounts Receivable
Income Tax Expense
Sales Revenue
Notes Payable
Retained Earnings
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