Question: Current Attempt in Progress For each item below, indicate to which category of elements of financial statements it belongs. a. Retained earnings. b. Sales. C.


Current Attempt in Progress For each item below, indicate to which category of elements of financial statements it belongs. a. Retained earnings. b. Sales. C. Additional paid-in capital. d. Inventory. e. Depreciation. f. Loss on sale of equipment. g. Interest payable. h. Dividends. i. Gain on sale of investment. j. Issuance of common stock.Current Attempt In Pro ress For each item below, indicate to which category of elements of financial statements it belongs. a. Retained earnings. Assets b. Sales. Distributions to owners Equity C. Additional paid-in capital. Equity (Distributions to owners) Equity (Investments by owners) Expenses d. Inventory. Gains Investments by owners Liabilities e. Depreciation. Losses Revenues f. Loss on sale of equipment. g. Interest payable. h. Dividends. i. Gain on sale of investment. j. Issuance of common stock
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