Below is a list of financial statement components with a corresponding letter code. a. Sales revenue (net)
b. Cost of goods sold
c. Selling expenses
d. General and administrative expenses
e. Other revenue and expenses
f. Results from discontinued operations
g. Extraordinary items
h. Prior period adjustments
i. Additions to retained earnings (other than h)
j. Deductions from retained earnings (other than h)
k. Disclosures
l. Ending balance sheet

Required:
Indicate where each component would be reported in the financial statements by inserting the corresponding code letters in the space provided.

Question

Below is a list of financial statement components with a corresponding letter code. a.	Sales revenue (net)
b.	Cost of goods sold
c.	Selling expenses
d.	General and administrative expenses
e.	Other revenue and expenses
f.	Results from discontinued operations
g.	Extraordinary items
h.	Prior period adjustments
i.	Additions to retained earnings (other than h)
j.	Deductions from retained earnings (other than h)
k.	Disclosures
l.	Ending balance sheet

Required:
Indicate where each component would be reported in the financial statements by inserting the corresponding code letters in the space provided.

Quizplus · Accepted Answer

The Answer of Below is a list of financial statement components with a corresponding letter code. a.	Sales revenue (net)
b.	Cost of goods sold
c.	Selling expenses
d.	General and administrative expenses
e.	Other revenue and expenses
f.	Results from discontinued operations
g.	Extraordinary items
h.	Prior period adjustments
i.	Additions to retained earnings (other than h)
j.	Deductions from retained earnings (other than h)
k.	Disclosures
l.	Ending balance sheet

Required:
Indicate where each component would be reported in the financial statements by inserting the corresponding code letters in the space provided.

Below Is a List of Financial Statement Components with a Corresponding