11 ) Indicate in the space provided by each item whether it would appear on the income statement(IS), balance sheet (BS), or retained earnings statement (RE):a.Prepaid Rent9.----Accounts ReceivableCashh..www.Building-DividendsCommon StockAccounts PayablePatentsSupplies ExpenseService RevenueSalaries and Wages Payable 1.-Notes Payableb.C.d.e.-*******

Introduction: Balance sheet: All assets and liabilities are shown in Balance sheet. It tells the net…

Indicate in the space provided by each item whether it would appear on the income statement (IS), balance sheet (BS), or retained earnings statement (RE): a. Prepaid Rent 9. ---- Accounts Receivable b. Cash h. --- Building

Indicate in the space provided by each item whether it would appear on the income statement (IS), balance sheet (BS), or retained earnings statement (RE): a. Prepaid Rent 9. ---- Accounts Receivable b. Cash h. --- Building

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 4EA: Identify the financial statement on which each of the following accounts would appear: the income...

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Question

11 )

Indicate in the space provided by each item whether it would appear on the income statement
(IS), balance sheet (BS), or retained earnings statement (RE):
a.
Prepaid Rent
9.-
---
Accounts Receivable
Cash
h..
www.
Building
-Dividends
Common Stock
Accounts Payable
Patents
Supplies Expense
Service Revenue
Salaries and Wages Payable 1.
-
Notes Payable
b.
C.
d.
e.
-
*******

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