Required Required Identify whether each of the following items would appear on t

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Required

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, select NA. Item/Account Statement Item/Account Statement a. Supplies b. Cash Flow from Financing Activities c. "As of Date Notation d. Ending Retained Earnings e. Net Income f. Dividends g. Net Change in Cash h. "For the Period Ended" i. Land j. Ending Common Stock k. Salaries Expense I. Prepaid Rent m. Accounts Pavable u. Rent Expense v. Price/Earnings Ratio w. Taxes Payable x. Unearned Revenue y. Service Revenue z. Cash Flow from Investing Activities aa. Consulting Revenue bb. Utilities Expense Cc. Operating Income dd. Total Liabilities ee.Operating Cycle ff. Cash Flow from Operating Activities aa. Oneratina Exnenses Prey 3 of 4 Next

Explanation / Answer

Item/account statement Supplies BS Cash flow from financing activities CF As of data notation BS Ending retained earnings BS / SE Net income IS / SE Dividends SE / CF Net change in cash CF For the period ended IS, CF, SE Land BS Ending common stock BS / SE Salaries expense IS Prepaid rent BS Account payable BS Total assets BS Salaries payable BS Insurance expense IS Notes payable BS Account receivable BS Interest receivable BS Interest revenue IS Rent expense IS Price earning ratio NA Taxes payable BS Unearned revenue BS Service revenue IS Cash flow from investing activities CF Consulting revenue IS Utilities expense IS Total liabilities BS Operating cycle NA Cash flow from operating activities CF Operating expenses IS Supplies expense IS Beginning retained earnings SE Beginning common stock SE Prepaid insurance BS Salary expense IS Beginning cash balance CF Ending cash balance BS / CF

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