Indicate on which of the financial statements the following items appears. Use I for income statement, RE for statement of retained earnings, and B for balance sheet. More than one statement may be appropriate for some items.a. Fees Earned?b. Cash?c. Unearned Revenue?d. Rent expense?e. Common Stock?f. Notes Payable?g. Prepaid Rent?h. Salaries Expense?i. Notes Payable?j. Dividends?
What will be an ideal response?
| a. Fees Earned | I |
| b. Cash | B |
| c. Unearned Revenue | B |
| d. Rent expense | I |
| e. Common Stock | B |
| f. Notes Payable | B |
| g. Prepaid Rent | B |
| h. Salaries Expense | I |
| i. Notes Payable | B |
| j. Dividends | RE |
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