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mestny [16]
3 years ago
14

Label each of the items listed with the abbreviation of the financial statement on which it appears. Items may appear on more th

an one statement. Income Statement ​(IS) Balance Sheet ​(BS) Statement of Retained Earnings ​(RE) (IS) 1. Accounts receivable ▼ (IS) (BS) (RE) (BS) and (IS) (BS) and (RE) (IS) and (RE) (BS) and (IS) (RE) 2. Notes payable ▼ (IS) (BS) (RE) (BS) and (IS) (BS) and (RE) (IS) and (RE) (BS) and (IS) (RE) 3. Advertising expense
Business
2 answers:
ElenaW [278]3 years ago
8 0

Answer:

a

Explanation:

Zinaida [17]3 years ago
4 0

1. Accounts receivable are found on the balance sheet.

2. Notes payable are found on the balance sheet.

3. Advertising expense is found on income statement

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The Balance Sheet reports assets, liabilities, and stockholders' equity at a specific date. A : True B : False
marysya [2.9K]

Answer:

A. True

Explanation:

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7 0
3 years ago
Jessica purchased a home on January 1, 2018 for $580,000 by making a down payment of $230,000 and financing the remaining $350,0
Ann [662]

Answer:

$32,600

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