Question: Problem 1 (12 Points) Indicate in the space provided by each item whether it would appear on the income statement (IS), balance sheet (BS), or

Problem 1 (12 Points) Indicate in the space provided by each item whether it would appear on the income statement (IS), balance sheet (BS), or retained earnings statement (RE): Prepaid Rent 9. ---- Accounts Receivable a b. Cash h. ----- Building C. -----Dividends 1 - Common Stock d. d. Accounts Payable j. Patents e Supplies Expense k Service Revenue Salaries and Wages Payable 1. Notes Payable

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