Problem 2. Ses textbook, pages 26 - 31. Indicate whether item is on balance sheet (BS) or income statement (ES). If on balance sheet, designate which category [current assets (CA), fixed assets (FA), current liabilities (CL), long-term liabilities (LL), stockholders' equity (SE) BS IS Item# CA, FA, CL, LL, SE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Item Description Accounts payable Accounts receivable Accumulated depreciation Accruals Administrative expense Allowance for bad debts Bad debt expense Bonds payable Buildings Cash Common stock Cost of goods sold Depreciation expense Differed revenue Dividends receivable Equipment Income tax expense Income tax payable Interest payable Interest revenue Inventory Land Mortgage payable Paid-in capital in excess of value Prepaid insurance Retained earnings Selling expense Supplies 15 16 17 18 19 20 21 22 23 24 25 26 27 28