Question

Some items may appear on more than one statement. For each accounts, place the letter of...

Some items may appear on more than one statement. For each accounts, place the letter of the financial statement on which it would be found in the space provided.

A - Income Statement

B - Balance Sheet

C - Statement of Retained Earnings

D - Statement of Owners' Capital

5-1.1. Cash

5-1.2. Retained Earnings

5-1.3. Bonds Payable

5-1.4. Owner, Drawing

5-1.5. Accounts Payable

5-1.6. Land

5-1.7. Cost of Goods Sold

5-1.8. Wages Expense

5-1.9. Sales

5-2.1. Accounts Payable

5-2.2. Accumulated Depreciation

5-2.3. Depreciation Expense

5-2.4. Bonds Payable

5-2.5. Common Stock

5-2.6. Dividends

5-2.7. Sales

5-2.8. Income Tax Expense

5-2.9. Owner, Capital

5-3.1. Interest Revenue

5-3.2. Dividends Payable

5-3.3. Supplies

5-3.4. Bonds Payable

5-3.5. Jones, Capital

5-3.6. Additional Paid-in Capital

5-3.7. Loss on Sale of Equipment

5-3.8. Copyrights

5-3.9. Prepaid Insurance

5-3.10. Insurance Expense

Homework Answers

Answer #1

Classification

Cash B
Retained Earnings C, B
Bonds payable B
Owner, Drawing D
Account payable B
Land B
Cost of goods sold A
Wages expense A
Sales A
Accounts Payable B
Accumulated Depreciation B
Depreciation expense A
Bonds payable B
Common Stock B
Dividend B,C
Sales A
Income Tax Expense A
Owner, Capital D
Interest revenue A
Dividend payable B
Supplies B
Bonds payable B
Jones capital D
Additional Paid-in Capital B
Loss on Sale of Equipment A
Copyrights B
Prepaid insurance B
Insurance expense A
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