For each of the following accounts, signify which financial
statement would contain the account balance. (Please note this
question focuses only on the balance sheet and income
statement.)
| - A.
B. C.
|
Interest expense
|
| - A.
B. C.
|
Bonds payable (mature in 6 months)
|
| - A.
B. C.
|
Bonds payable (mature in 3 years)
|
| - A.
B. C.
|
Discount on bonds payable (mature in 3 years)
|
| - A.
B. C.
|
Premium on bonds payable (mature in 3 years)
|
| - A.
B. C.
|
Interest payable (on semi annual bond interest payments)
|
| - A.
B. C.
|
Long term investments
|
| - A.
B. C.
|
Interest revenue
|
| - A.
B. C.
|
Dividend revenue
|
| - A.
B. C.
|
Market adjustment on long term investment (market value exceeds
cost)
|
| - A.
B. C.
|
Market adjustment on long term investment (cost exceeds market
value)
|
| - A.
B. C.
|
Unrealized gain (on long term investment)
|
| - A.
B. C.
|
Unrealized loss (on long term investment)
|
| - A.
B. C.
|
Earnings from long term investment (investee earns a net
income)
|
| - A.
B. C.
|
Earnings from long term investment (investee earns a net
loss)
|
|
| A. |
Balance sheet
|
| B. |
Income statement
|
| C. |
The account is NOT listed on either the balance sheet or the
income statement.
|
|