contestada

Indicate whether the following items would appear on the income statement, balance sheet, or retained earnings statement.

(a) Notes payable
(b) Advertising expense
(c) Common stock
(d) Cash
(e) Service revenue
(f) Dividends

Respuesta :

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Answer:

Please see explanation

Explanation:

The items given in the question will be categorized as below:

(a) Notes payable - appear in balance sheet

(b) Advertising expense- appear in income statement

(c) Common stock - appear in retained earnings statement

(d) Cash - appear in balance sheet

(e) Service revenue - appear in income statement

(f) Dividends - appear in retained earnings statement

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