This is a 20 question test noting to had it would be best to print and uploud

Label each of the items listed with the abbreviation of the financial statement on which it appears. Items may appear on more than one statement. Income Statement (IS) Balance Sheet (BS) Statement of Retained Earnings (RE) 1. Accounts receivable 2. Notes payable 3. Advertising expense 4. Service revenue 5. Retained earnings 6. Office supplies As a manager of a department store, you must deal with a variety of business transactions. Place the letter of each of the following transactions next to the effect it has on the accounting equation. a. Paid cash to the stockholders as a distribution of earnings. b. Paid cash to purchase land for building site. c. Paid cash on an account payable. d. Sold stock to stockholders. e. Received cash from the bank in exchange for a note payable. 1. Increase an asset and increase stockholders' equity. 2. Increase an asset and increase a liability. 3. Increase one asset and decrease another asset. 4. Decrease an asset and decrease stockholders' equity. 5. Decrease an asset and decrease a liability. For each of the following accounts, place the corresponding letter(s) of its account type in the space provided. Use the most detailed account type appropriate. (A) Asset (L) Liability (SE) Stockholders' Equity (R) Revenue (E) Expense The first one is completed for you as an example. SE Dividends Accounts payable Cash Service revenue Prepaid rent Rent expense Common stock For each of the following accounts, indicate if the account's normal balance is a debit balance (DR) or a credit balance (CR). The Cash account has been given to you as an example. DR Cash 1. Rent expense 2. Accounts payable 3. Service revenue 4. Office furniture 5. Common stock 6. Land 7. Dividends