Problem

Relation of dements to financial statementsRequiredIdentify whether each of the following...

Relation of dements to financial statements

Required

Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders’ equity (SE), balance sheet (BS), or statement of cash flows (CF). Some items may appear on more than one statement; if so, identify all applicable statements. If an item would not appear on any financial statement, label it NA.

a. Land       


b. Consulting Revenue     


c. Dividends      


d. Salaries Expense     


e. Net Income      


f. Supplies       


g. Ending Cash Balance     


h. Cash Flow from Investing Activities


i. Prepaid Rent


J. Salaries Payable


k. Accounts Receivable


l. Retained Earnings


m. Accounts Payable


n. Utilities Payable


o. Unearned Revenue


p. Interest Revenue


q. Accrued Interest Receivable

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