for each of the following accounts, signify which financial statement would contain the account balance (only...

for each of the following accounts, signify which financial statement would contain the account balance (only focuses on balance sheet and income statement

Choose one option below for each account

a.) balance sheet
b.) the account is not listed on either the balance sheet or income statement
c.) income statement

1.) account payable
2.) partners capital
3.) partners withdrawals
4.) retained earnings
5.) common stock, no par value
6.) common stock, $10 par value
7.) common stock, $10 stated value
8.) contributed capital in excess of par value, common
9.) contributed capital in excess of stated value, common
10.) preferred stock, no par value
11.) preferred stock, $10 par value
12.) preferred stock, $10 stated value
13.) contributed capital in excess of par value, preferred
14.) contributed capital in excess of stated valur, preferred
15.) dividends payable
16.) treasury stock
17.) contributed capital, treasury stock
18.) common stocks dividends distributable

Expert Solution

	Account Balance	Financial Statement
1	Accounts Payable	a) Balance Sheet
2	Partners Capital	a) Balance Sheet
3	Partners Withdrawals	a) Balance Sheet
4	Retained Earnings	a) Balance Sheet
5	Common Stock, no par value	a) Balance Sheet
6	Common Stock, $10 par value	a) Balance Sheet
7	Common Stock, $10 stated value	a) Balance Sheet
8	Contributed capital in excess of par value, common	a) Balance Sheet
9	Contribution capital in excess of stated value, common	a) Balance Sheet
10	Preferred Stock, no par value	a) Balance Sheet
11	Preferred Stock, $10 par value	a) Balance Sheet
12	Preferred Stock, $10 stated value	a) Balance Sheet
13	Contributed capital in excess of par value, preferred	a) Balance Sheet
14	Contribution capital in excess of stated value, preferred	a) Balance Sheet
15	Dividends payable	a) Balance Sheet
16	Treasury Stock	a) Balance Sheet
17	Contributed Capital, treasury stock	a) Balance Sheet
18	Common Stocks Dividends distributable	a) Balance Sheet

ekkarill92 answered 2 years ago

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