Chapter 15: Accounting Statements Worksheet Which statement(s) do these line items belong? Hint: Use Northeast Art Supply's three statements in Textbook as an aid. Which statement(s) does this account belong on? Choices: Balance Sheet (BS) Income Statement (IS) Statement of Cash Flows (CF) STATEMENT(S) WHERE REPORTED: Use: BS, IS, |CF as your responses. TYPE OF ACCOUNT 1. ASSETS 2. INCOME 3. EXPENSES 4. OPERATING ACTIVITIES 5. LIABILITIES 6. INVESTING ACTIVITIES 7. OWNER'S EQUITY
Chapter 15: Accounting Statements Worksheet Which statement(s) do these line items belong? Hint: Use Northeast Art Supply's three statements in Textbook as an aid. Which statement(s) does this account belong on? Choices: Balance Sheet (BS) Income Statement (IS) Statement of Cash Flows (CF) STATEMENT(S) WHERE REPORTED: Use: BS, IS, |CF as your responses. TYPE OF ACCOUNT 1. ASSETS 2. INCOME 3. EXPENSES 4. OPERATING ACTIVITIES 5. LIABILITIES 6. INVESTING ACTIVITIES 7. OWNER'S EQUITY
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 5PA: Identify the financial statement on which each of the following account categories would appear: the...
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