Question

Indicate in which financial statementis) each item would most likely appear, by selecting income statement () balance sheet (B) statement of owners equity (E). or cash from operating activities (CF) from the drop down provided a Wages payable b Fuel expense C Taxes payable d Not decrease (or increase) in cash e Utibes expense Supplies exponse
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Answer #1

Wages Payable - Balance Sheet (Out standings)

Fuel Expense - Income Statement (P & L A/c)

Taxes Payable - Balance Sheet (Out standings)

Net decrease or increase in cash - Cash Flow Statement

Utilities Expense - Income Statement

Cash from Operating Activities - Cash Flow Statement

Supplies Expense -  Income Statement

Salaries Payable - Balance Sheet (Out standings)

Withdrawals - Owner's Equity

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