Question

Identify if the financial statements accounts are located on a balance sheet or income sheet? Identify...

Identify if the financial statements accounts are located on a balance sheet or income sheet? Identify whether the account is an Asset, Liability, Shareholder Equity, Revenue, Expense, or Not Applicable?

Accounts Payable

Common Stock

Sales Revenue

Equipment

Retained Earnings

Bonds Payable

Dividends Paid

Inventory

Insurance Expense

Accounts Receivable

Cash Flow from Investing Activities

Cash

Payroll Expense

Builings

Administrative Expense

Interest Income

Cash Flor for Operating Activities

Inventory

Cost of Goods Sold

Marketable Securities

Accounts Receivable

Retained Earnings

Income Tax Expense

Cash

Depreciation Expense

Common Stock

Accounts Payable

Dividends Paid

Miscellaneous Revenue

Office Supplies

Salaries Payable

Land

Homework Answers

Answer #1

Particulars

Located At

Account Is

Accounts Payable :

Balance Sheet

Liability

Common Stock

Balance Sheet

Asset

Sales Revenue

Income Sheet

Revenue

Equipment

Balance Sheet

Asset

Retained Earnings

Balance Sheet

Shareholders Equity

Bonds Payable

Balance Sheet

Liability

Dividends Paid

Balance Sheet

Shareholders Equity

Inventory

Balance Sheet

Asset

Insurance Expense

Income Sheet

Expense

Accounts Receivable

Balance Sheet

Asset

Cash Flow from Investing Activities

Income Sheet

Revenue

Cash

Balance Sheet

Asset

Payroll Expense

Income Sheet

Expense

Builings

Balance Sheet

Asset

Administrative Expense

Income Sheet

Expense

Interest Income

Income Sheet

Revenue

Cash Flor for Operating Activities

Income Sheet

Revenue

Inventory

Balance Sheet

Asset

Cost of Goods Sold

Income Sheet

Expense

Marketable Securities

Balance Sheet

Asset

Accounts Receivable

Balance Sheet

Asset

Retained Earnings

Balance Sheet

Shareholders Equity

Income Tax Expense

Income Sheet

Expense

Cash

Balance Sheet

Asset

Depreciation Expense

Income Sheet

Expense

Common Stock

Balance Sheet

Asset

Accounts Payable

Balance Sheet

Liability

Dividends Paid

Balance Sheet

Shareholders Equity

Miscellaneous Revenue

Income Sheet

Revenue

Office Supplies

Income Sheet

Expense

Salaries Payable

Balance Sheet

Liability

Land

Balance Sheet

Asset

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