EXERCISE 4-9 Determine on which financial statement each account listed below isreported. Use the following abbreviations: Income Statement (IS), Statement of Owner'sEquity (OE), and Balance Sheet (BS).g. Equipmenth. Office Suppliesi. Depreciation ExpenseOffice Suppliesa. M. James, Capitalb. Cashc. Rent Expensed. Accumulated Depreciation,Equipmente. Wages Payablef.j.k. Income from Services1.Accounts ReceivableM. James, DrawingASSIGNMENTS

Income statement is a financial statement in which all income and expenses are reported. Balance…

EXERCISE 4-9 Determine on which financial statement each account listed below is reported. Use the following abbreviations: Income Statement (IS), Statement of Owner's Equity (OE), and Balance Sheet (BS). a. M. James, Capital g. Equipment h. Office Supplies i. Depreciation Expense j. Office Supplies k. Income from Services 1. Accounts Receivable b. Cash Rent Expense d. Accumulated Depreciation, Equipment e. Wages Payable f. M. James, Drawing С.

EXERCISE 4-9 Determine on which financial statement each account listed below is reported. Use the following abbreviations: Income Statement (IS), Statement of Owner's Equity (OE), and Balance Sheet (BS). a. M. James, Capital g. Equipment h. Office Supplies i. Depreciation Expense j. Office Supplies k. Income from Services 1. Accounts Receivable b. Cash Rent Expense d. Accumulated Depreciation, Equipment e. Wages Payable f. M. James, Drawing С.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter2: Analyzing Transactions: The Accounting Equation

Section: Chapter Questions

Problem 5SEB: FINANCIAL STATEMENT ACCOUNTS Label each of the following accounts as an asset (A), liability (L),...

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