In: Finance
Identify the financial statements in which you would find each
of the items listed below. Some items may appear on more than one
statement. Indicate all financial statements that apply to each
item. The possible choices are:
B : |
Balance Sheet |
SE : |
Statement of Stockholders’ Equity |
I : |
Income Statement |
CF : |
Statement of Cash Flows |
Financial Statement Item |
Financial Statement |
a. Cost of goods sold |
|
b. Trademarks |
|
c. Inventories |
|
d. Retained earnings |
|
e. Unearned revenue |
|
f. Cash |
|
g. Land |
|
h. Sales Revenue |
|
i. Prepaid insurance |
|
j. Insurance expense |
Financial Statement Item | Financial Statement |
a. Cost of goods sold | I |
b. Trademarks | B |
c. Inventories | B |
d. Retained earnings | SE |
e. Unearned revenue | B |
f. Cash | B, CF |
g. Land | B |
h. Sales Revenue | I |
i. Prepaid insurance | B, CF |
j. Insurance expense | B |