Indicate whether the following items would appear on the balance sheet (BS), income statement (IS), or retained earnings statement (RE).
1. Advertising expense
2. Accounts receivable
3. Dividends
4. Rent revenue
5. Salaries and wages payable
6. Supplies

Question

Quizplus · Accepted Answer

The Answer of Indicate whether the following items would appear on the balance sheet (BS), income statement (IS), or retained earnings statement (RE).
1. Advertising expense
2. Accounts receivable
3. Dividends
4. Rent revenue
5. Salaries and wages payable
6. Supplies

Indicate Whether the Following Items Would Appear on the Balance