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

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
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Problem 5PA: Identify the financial statement on which each of the following account categories would appear: the...
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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
Transcribed Image Text: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
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