Answer:
Explanation:
As we know that
The statement of stockholder's equity includes common stock and retained earnings.
The net income is a difference between the total revenues and total expenses
The assets, liabilities and stockholders ' equity are reported in the balance sheet
So, the categorization is shown below:
a. Retained earnings = Equity
b. Sales = Revenues and shown in the income statement
c. Additional paid-in capital = Equity
d. Inventory = Current assets
e. Depreciation = Expense and shown in the income statement
f. Loss on Sale of equipment = Losses
g. Interest payable = Current liabilities
h. Dividends = Shown in the retained earning statement in a negative amount
i. Gain on sale of investment = Gains
j. Issuance of common stock = Owners investment
