Question

In: Accounting

please state if the following is recorded in income statement or balance sheet Equipment Rug Cleaner...

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

Solutions

Expert Solution

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.


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