Indicate whether the following items would appear on the statement of financial position (FP), 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

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The Answer of Indicate whether the following items would appear on the statement of financial position (FP), 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 Statement