The following accounts appear on either the Income Statement (IS) or Balance Sheet (BS). In the space to the left of each account, write IS or BS to identify the statement on which the account appears.____ 1. Office Equipment____ 2. Rent Expense____ 3. Unearned Revenue____ 4. Rent Expense____ 5. Accounts Payable____ 6. Owner, Capital____ 7. Fees Revenue____ 8. Cash____ 9. Notes Receivable____ 10. Wages Payable
What will be an ideal response?
1. BS; 2. IS; 3. BS; 4. IS; 5. BS; 6. BS; 7. IS; 8. BS; 9. BS; 10. BS
Business
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What will be an ideal response?
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A. strategic B. tactical C. operations D. all of the choices are correct
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