Question: The items below are taken from a financial statement at December 31, 2019. Indicate on which statement income statement (IS), Balance Sheet/Statement of Financial Position

The items below are taken from a financial statement at December 31, 2019. Indicate on which statement income statement (IS), Balance Sheet/Statement of Financial Position (BS), Statement of Changes in Equity (SCE) or Statement of cash flows (SCF) you would find each of the below accounts or items.

Note: please choose one answer for each item (i.e. some may appear on more than one statement).

Account IS, BS, SCE, SCF
1 Accounts payable
2 Cash
3 Dividends
4 Equipment
5 Note receivable
6 Retained earnings, January 1, 2019
7 Prepaid expenses
8 Unearned revenue
9 Salaries expense
10 Service Revenue

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