Problem

Titles and accounts appearing on financial statementsAnnual reports normally include an in...

Titles and accounts appearing on financial statements

Annual reports normally include an income statement, a statement of changes in stockholders’ equity, a balance sheet, and a statement of cash flows.

Required

Identify the financial statements on which each of the following titles or accounts would appear. If a title or an account appears on more than one statement, list all statements that would include it.

a.Common Stock


b. Land


c. Ending Cash Balance


d. Beginning Cash Balance


e. Notes Payable


f. Retained Earnings


g. Revenue


h. Cash Dividends


i. Financing Activities


j. Salaries Expense

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