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). If some items appear on more than one statement, identify all applicable statements. If an item will not appear on any financial statement, label it NA.
a. Rent Expense | u. Supplies |
b. Price/earnings Ratio | v. Cash Flow from Financing Activities |
c. Taxes Payable v | w. “As of” Date Notation |
d. Unearned Revenue | x. Ending Retained Earnings |
e. Service Revenue | y. Net Income |
f. Cash Flow from Investing Activities | z. Dividends |
g. Consulting Revenue | aa. Net Change in Cash |
h. Utilities Expense | bb. "For the Period Ended" |
i. Ending Common Stock | cc. Land |
j. Total Liabilities | dd. Ending Common Stock |
k. Operating Cycle | ee. Salaries Expense |
1. Cash Flow from Operating Activities | ff. Prepaid Rent |
m. Operating Expenses | gg. Accounts Payable |
n. Supplies Expense | hh. Total Assets |
o. Beginning Retained Earnings | ii. Salaries Payable |
p. Beginning Common Stock | jj. Insurance Expense |
q. Prepaid Insurance | kk. Notes Payable |
r. Salary Expense | ll. Accounts Receivable |
s. Beginning Cash Balance | mm. Accrued Interest Receivable |
t. Ending Cash Balance | nn. Interest Revenue |
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