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Indicate on Which Financial Statement You Would Expect to Find

Question 103

Essay

Indicate on which financial statement you would expect to find each of the following. If an item can be found on more than one statement, list each statement.  Example: Cash  Balance Sheet  Notes payable  Wages expense  Cost of goods sold  Sales revenue  Inventory  Income tax expense  Dividends  Retained earnings  Accounts payable  Equipment \begin{array} { | l | l | } \hline \text { Example: Cash } & \text { Balance Sheet } \\\hline \text { Notes payable } & \\\hline \text { Wages expense } & \\\hline \text { Cost of goods sold } & \\\hline \text { Sales revenue } & \\\hline \text { Inventory } & \\\hline \text { Income tax expense } & \\\hline \text { Dividends } & \\\hline \text { Retained earnings } & \\\hline \text { Accounts payable } & \\\hline \text { Equipment } & \\\hline\end{array}

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