In: Accounting
please state if the following is recorded in income statement or balance sheet
Equipment |
Rug Cleaner |
Sales Revenue |
Accounts payable |
Accounts Receivable |
Accumulated amortization |
Accumulated depreciation |
Adjusting entries |
Allowance for doubtful accounts |
Amortization expence |
APIC-Common stock |
Bad debt expenses |
Bank |
Bank charges |
Bank Loan payable |
Cash |
Cleaning Supplies |
Cleaning supplies expense |
Common Stock |
Computer |
Cost of goods sold |
Depreciation expenses |
Discount on Notes payable |
Dividned expense |
employee tax withholding account |
Employer tax payable |
Gas and oil expenses |
Income tax expense |
Income tax payable |
Interest expenses |
interest payable |
Inventory |
No entry required |
Notes payable |
Patents and Rights |
Payroll taxes |
Prepaid Insurance |
Prepaid Rent |
Purcahse Discount |
Rent expense |
Salaries & wages expenses |
Salary expenses |
Sales revenue |
Short-term Investment (Available For Sale) |
supplies |
Tax expense |
Tax payable |
Unearned revenue |
Unearned Service Revenue |
(blank) |
Employee Tax Witheld |
Salary payable |
Payroll tax expense |
Accrued expenses |
Merchandise Inventory |
Particular | Income statement Or Balance sheet |
Equipment | Balance sheet |
Rug Cleaner | Balance sheet |
Sales Revenue | Income statement |
Accounts payable | Balance sheet |
Accounts Receivable | Balance sheet |
Accumulated amortization | Balance sheet |
Accumulated depreciation | Balance sheet |
Adjusting entries | Income statement |
Allowance for doubtful accounts | Income statement |
Amortization expence | Income statement |
APIC-Common stock | Balance sheet |
Bad debt expenses | Income statement |
Bank | Balance sheet |
Bank charges | Income statement |
Bank Loan payable | Balance sheet |
Cash | Balance sheet |
Cleaning Supplies | Balance sheet |
Cleaning supplies expense | Income statement |
Common Stock | Balance sheet |
Computer | Balance sheet |
Cost of goods sold | Income statement |
Depreciation expenses | Income statement |
Discount on Notes payable | Income statement |
Dividned expense | Income statement |
employee tax withholding account | Balance sheet (If payable) |
Employer tax payable | Balance sheet |
Gas and oil expenses | Income statement |
Income tax expense | Income statement |
Income tax payable | Balance sheet |
Interest expenses | Income statement |
interest payable | Income statement |
Note - Rest can be solved self. Assets and liabilities are shown in Balance sheet and item of income and expense are shown in income and expenditure statement.