Listed below are accounts that appear in financial statements.
Required:
Identify the financial statement(s) in which each of the following three accounts would be found.
Note: An account may appear in more than one financial statement.
income | statement of changes | |||||
B/S | statement | in retained earnings | ||||
Dividends | X | X | ||||
Deferred revenue | X | |||||
service revnue | X | |||||
Identify the financial statements in which you would find each of the items listed below. Some items may appear on more than one statement. Indicate all financial statements that apply to each item. The possible choices are: B : Balance Sheet SE : Statement of Stockholders’ Equity I : Income Statement CF : Statement of Cash Flows Financial Statement Item Financial Statement a. Cost of goods sold b. Trademarks c. Inventories d. Retained earnings e. Unearned revenue f. Cash...
5-3. Financial Statements. hich it would For each of the following accounts be found in the space provided. the following accounts, place the letter of the financial statement on which the space provided. Some items may appear on more than one statement. C. D. Income Statement Balance Sheet Statement of Retained Earnings Statement of Owners' Capital B. 6. Additional Paid-in Capital 1. Interest Revenue 7. Loss on Sale of Equipment 2. Dividends Payable 3. Supplies 8. Copyrights 4. Bonds Payable...
The following are categories of accounts reported in the financial statements: Current Assets E. Stockholders’ Equity Non-Current Assets F. Revenue Current Liabilities G. Expense Non-Current Liabilities H. Not Applicable Indicate where each of the following accounts would be reported (classified) in the financial statement categories noted above (categories may be used more than once or not at all). Identify only one category for each account listed below. _______Accrued Liabilities ________Accumulated Depreciation _______Rental Income ________Intangible Property _______Wages Expense ...
Identify Financial Statements from Adjusted Trial Balance AccountsTrownel Corp reports the following accounts in its adjusted trial balance. Identify which financial statement each account would appear on:
1. 2. 3. 4. <3 24 26 27 28 29 30 F31 32 For each item, indicate the portion of the annual report in which it would be found. Financial statements Management discussion and analysis Auditor's report Notes to the financial statements Statement of Cash Flows o Discussion of Business Outlook o х $ ? Listed below are accounts that appear in financial statements Required: Identify the financial statement(s) in which each of the following three accounts would be found....
CALCULATOR Question 17 Listed below are some items found in the financial statements of Tony Gruber Co. Indicate in which financial statement(s) the following items would appear FULL SCREEN PRINTER VERSION a. Service revenue. b. Equipment. c. Advertising expense. Income Statement and Retained Earnings Statement Balance Sheet Owner's Equity Statement Balance Sheet and Owner's Equity Statement Income Statement d. Accounts receivable. e. Owner's capital. f. Salaries and wages payable. Click if you would like to Show Work for this question:...
Financial Statements Each of the following items is shown in the financial statements of Exxon Mobil Corporation: a. Identify the financial statement (balance sheet or income statement) in which each item would appear. 1. Accounts payable 2. Cash equivalents 3. Crude oil inventory 4. Equipment 5. Exploration expenses 6. Income taxes payable 7. Investments 8. Long-term debt 9. Marketable securities 10. Notes and loans payable 11. Notes receivable 12. Operating expenses 13. Prepaid taxes 14. Sales 15. Selling expenses b....
Flow of Accounts into Financial Statements The balances for the accounts that follow appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of owner's equity, or balance sheet. 1. Accounts Payable 2. Depreciation Expense 3. Nat Hager, Capital (beginning of period) 4. Office Equipment 5. Rent Revenue 6. Supplies Expense 7. Unearned Rent 8. Wages Payable
Accounts Receivable will appear on which of the following financial statements?A. Income statementB. Statement of retained earningsC. Statement of cash flowsD. Balance sheet
The following are categories of accounts reported in the financial statements: Current Assets E. Stockholders’ Equity Non-Current Assets F. Revenue Current Liabilities G. Expense Non-Current Liabilities H. Not Applicable Indicate where each of the following accounts would be reported (classified) in the financial statement categories noted above (categories may be used more than once or not at all). Identify only one category for each account listed below. ___G___Accrued Liabilities ________Accumulated Depreciation _______Rental Income ________Intangible Property _______Wages Expense ________Unearned Subscription Revenues _______Bonds Payable ___E___Retained Earnings 2. _____i. What is total Stockholders’ Equity based on...