1.Notes payable Balance sheet and asset account Balance sheet and liability acco

Question

1.Notes payable

Balance sheet and asset account

Balance sheet and liability account

Balance sheet and owners' equity account

Income statement account

Statement of retained earnings account

2. Gain on sale of equipment

Balance sheet and asset account

Balance sheet and liability account

Balance sheet and owners' equity account

Income statement account

Statement of retained earnings account

3. Bad debt expense

Balance sheet and asset account

Balance sheet and liability account

Balance sheet and owners' equity account

Income statement account

Statement of retained earnings account

4. Inventory

Balance sheet and asset account

Balance sheet and liability account

Balance sheet and owners' equity account

Income statement account

Statement of retained earnings account

5.Bonds payable

Balance sheet and asset account

Balance sheet and liability account

Balance sheet and owners' equity account

Income statement account

Statement of retained earnings account

Balance sheet and asset account

Balance sheet and liability account

Balance sheet and owners' equity account

Income statement account

Statement of retained earnings account

Explanation / Answer

1 Notes payable Balance sheet and liability account 2 Gain on sale of equipment Income statement account 3 Bad debt expense Income statement account 4 Inventory Balance sheet and asset account 5 Bonds payable Balance sheet and liability account

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