classify each of the following accounts by separating into 3 lists: Income Statement, Statement of Retained...

Transcribed Image Text:

classify each of the following accounts by separating into 3 lists: Income Statement, Statement of Retained Earnings, and Balance Sheet Accounts payable....... Accounts receivable. Accumulated depreciation. Additional paid-in capital (common stock). Advertising expense. Allowance for doubtful accounts. Bad debt expense. Bonds payable (due December 31, 2026). Cash Common stock (30,000 shares, $1 par value). Cost of goods sold... Depreciation expense. Discount on bonds payable. Dividends declared.. Dividends payable........ Furniture and equipment.. Income tax expense. Income tax payable. Insurance expense. Interest expense.. Interest receivable. Interest revenue. Merchandise inventory... Notes payable (due December 31, 2022). Notes receivable (due June 30, 2022). Prepaid insurance. Prepaid rent. Property tax payable. Rent expense Retained earnings (January 2021). Salaries expense.. Travel expense. Treasury stock (200 common share at cost).. Utilities expense...... classify each of the following accounts by separating into 3 lists: Income Statement, Statement of Retained Earnings, and Balance Sheet Accounts payable....... Accounts receivable. Accumulated depreciation. Additional paid-in capital (common stock). Advertising expense. Allowance for doubtful accounts. Bad debt expense. Bonds payable (due December 31, 2026). Cash Common stock (30,000 shares, $1 par value). Cost of goods sold... Depreciation expense. Discount on bonds payable. Dividends declared.. Dividends payable........ Furniture and equipment.. Income tax expense. Income tax payable. Insurance expense. Interest expense.. Interest receivable. Interest revenue. Merchandise inventory... Notes payable (due December 31, 2022). Notes receivable (due June 30, 2022). Prepaid insurance. Prepaid rent. Property tax payable. Rent expense Retained earnings (January 2021). Salaries expense.. Travel expense. Treasury stock (200 common share at cost).. Utilities expense......

Answer rating: 100% (QA)

The detailed ... View the full answer