Question: The balances for the accounts listed below appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into
The balances for the accounts listed below appear in the Adjusted “Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, retained earnings statements, or balance sheet.
1. Accumulated Depreciation-Building
2. Cash
3. Dividends
4. Fees Earned
5. Insurance Expense
6. Prepaid Rent
7. Supplies
8. Wages Expense
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