Relationship of accounts to financial statementsRequiredIdentify whether each of the follo...

Relationship of accounts 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. Rent Expense      u. Consulting Revenue

b. Salary Expense      v. Market Value of Land

c. Total Stockholders’ Equity    w. Supplies Expense

d. Unearned Revenue     x. Salaries Payable

e. Cash Flow from Investing Activities  y. Notes Payable

f. Insurance Expense     z. Ending Common Stock

g. Ending Retained Earnings    aa. Beginning Cash Balance

h. Interest Revenue     bb. Prepaid Rent

i. Supplies       cc. Net Change in Cash

j. Beginning Retained Earnings    dd. Land

k. Utilities Payable     ee. Operating Expenses

I. Cash Flow from Financing Activities  ff. Total Liabilities i

m. Accounts Receivable     gg. "As of" Date Notation

n. Prepaid Insurance     hh. Salaries Expense

o. Ending Cash Balance     ii. Net Income

p. Utilities Expense     jj. Service Revenue

q. Accounts Payable    kk. Cash Flow from Operating Activities

r. Beginning Common Stock    ll. Operating Income

s. Dividends      mm. Interest Receivable

t. Total Assets      nn. Interest Revenue