Question: Exercise (8): Indicate in the space provided by each item whether it would appear on the Income Statement (IS), Balance Sheet (BS), or Owner's Equity
Exercise (8): Indicate in the space provided by each item whether it would appear on the Income Statement (IS), Balance Sheet (BS), or Owner's Equity Statement (OE): a. Service Revenue b. Utilities Expense c. Cash d. Accounts Payable e. Office Supplies f. Wage Expense g. Accounts Receivable h. Ahmed, Capital (ending) i. Equipment j. Advertising Expense k. Ahmed, Drawing 1. Notes Payable Chapter 1-53
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