Indicate whether the item is on the balance sheet or the income statement. If it is on the balance sheet, designate which category. Note: If there is no category, select "None" from the drop down menu.\ \\\\table[[Item,\\\\table[[Income Statement/],[Balance Sheet]],],[Accounts receivable,,],[Retained earnings,,],[Income tax expense,,],[Accrued expenses,,],[Cash,,],[Selling and administrative expenses,,],[Plant and equipment,,],[Operating expenses,,],[Marketable securities,,],[Interest expense,,],[Sales,,],[Notes payable (6 months),,],[Bonds payable, maturity 45 years,,],[Common stock,,],[Depreciation expense,,],[Inventories,,],[Capital in excess of par value,,],[Net income (earnings after taxes),,],[Income tax payable,,]]

Indicate whether the item is on the balance sheet or the income statement. If it is on the balance sheet, designate which category Note: If there is no category, select "None" from the drop down menu