Question
Balance Sheet (B) or Income Statement (I) a. Equipment b. Fees Earned c. Retained Earnings d....
Balance Sheet (B) or Income Statement (I) a. Equipment b. Fees Earned c. Retained Earnings d. Wage Expense e. Patent f.Cost of Goods Sold g. Common Stock h. Dividend Payable i.Accumulated Depreciation
Balance Sheet (B) or Income Statement (I) j. Prepaid Expense k. Gain on Sale of Short-term Investment 1. Rent Revenue m. Supplies Inventory n. Accounts Receivable o. Land p. Insurance Expense q. Interest Payable r. Deferred (Unearned) Revenue
Answers
Solution
(B) Balance sheet or (I) Income statement Equipment (B) Balance sheet Fees earned (I) Income statement Retained earnings (B) Balance sheet Wage expense (I) Income statement Patent (B) Balance sheet Cost of goods sold (I) Income statement Common stock (B) Balance sheet Dividends payable (B) Balance sheet Accumulated depreciation (B) Balance sheet Prepaid expense (B) Balance sheet Gain on sale of Short term investment (I) Income statement Rent revenue (I) Income statement Supplies Inventory (B) Balance sheet Accounts Receivable (B) Balance sheet Land (B) Balance sheet Insurance Expense (I) Income statement Interest payable (B) Balance sheet Deferred (unearned) Revenue (B) Balance sheet
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