Question

EE 4-1 p. 165 PE 4-1A Flow of accounts into financial statements OBJ. 1 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 5. Rent Revenue 2. Depreciation Expense 6. Supplies Expense 3. Nat Hager, Capital (beginning of period) 7. Unearned Rent 1. Office Equipment 8. Wages Payable

Answer 1

Particulars	Particulars
1) Acounts payable	Balance sheet
2) Depreciation Expense	Income statement
3) Nat Hager, Capital (Beginning of period)	Statement of owner Equity
4) office Equipment	Balance sheet
5) Rent Revenue	Income statement
6) Supplies expense	Income statement
7) Unearned rent	Balance sheet
8) Wages payable	Balance sheet