Question: The balances for the accounts listed below appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet (work sheet). Indicate whether each balance should
(a) An Income Statement column or
(b) A Balance Sheet column.
1. Accumulated Depreciation-Equipment
2. Cash
3. Commissions Earned
4. Insurance Expense
5. Prepaid Rent
6. Supplies
7. Svend Tisdale, Drawing
8. Wages Expense
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