Complete the assignment below, upon completion compare to the solution below

in class assignment 1-3.xlsx

IN CLASS ASSIGNMENT # 1
PLACE AN X UNDER THE CORRECT CLASSIFICATION AND THE CORRECT FINANCIAL STATEMENT
						INCOME	BALANCE
	ASSET	LIABILITY	EQUITY	REVENUE	EXPENSE	STATEMENT	SHEET
CASH	X						X
RETAINED EARNINGS
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
RENT
WAGES PAYABLE
WAGES EXPENSE
ADVERTISING
INVENTORY
COST OF SALES
SALES
NOTES PAYABLE
NOTES RECEIVABLE
BONDS PAYABLE
FEDERAL INCOME TAX PAYABLE
COMMON STOCK
EQUIPMENT
DIVIDENDS
LAND
DEPRECIATION
ACCUMULATED DEPRECIATION
UNEARNED RENT
GAIN ON SALE OF EQUIPMENT
INTEREST EXPENSE
INTEREST INCOME

assignment 4 solution.xlsx

IN CLASS ASSIGNMENT # 1				Instructor solution
PLACE AN X UNDER THE CORRECT CLASSIFICATION AND THE CORRECT FINANCIAL STATEMENT
						INCOME	BALANCE
	ASSET	LIABILITY	EQUITY	REVENUE	EXPENSE	STATEMENT	SHEET
CASH	X						X
RETAINED EARNINGS			X				X
ACCOUNTS PAYABLE		X					X
ACCOUNTS RECEIVABLE	X						X
RENT					X	X
WAGES PAYABLE		X					X
WAGES EXPENSE					X	X
ADVERTISING					X	X
INVENTORY	X						X
COST OF SALES					X	X
SALES				X		X
NOTES PAYABLE		X					X
NOTES RECEIVABLE	X						X
BONDS PAYABLE		X					X
FEDERAL INCOME TAX PAYABLE		X					X
COMMON STOCK			X				X
EQUIPMENT	X						X
DIVIDENDS			X				X
LAND	X						X
DEPRECIATION					X	X
ACCUMULATED DEPRECIATION	X						X
UNEARNED RENT		X					X
GAIN ON SALE OF EQUIPMENT				X		X
INTEREST EXPENSE					X	X
INTEREST INCOME				X		X