Relationship of accounts to financial statements


Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders’ equity (SE), balance sheet (BS), or statement of cash flows (CF). Some items may appear on more than one statement; if so, identify all applicable statements. If an item would not appear on any financial statement, label it NA.

a. Accumulated depreciation                      t. Accounts receivable

 b. Salary expense                                           u. Notes payable

 c. Prepaid insurance                                      v. Insurance expense

 d. Beginning common stock                       w. Salaries payable

 e. Beginning retained earnings                                 x. Total assets

 f. Supplies expense                                       y. Accounts payable

 g. Operating expenses                                                 z. Notes receivable

 h. Cash flow from operating activities                    aa. Cash

 i. Debt to assets ratio                                                    bb. Supplies

 j. Total liabilities                                                               cc. Cash flow from financing activities

 k. Ending common stock                                              dd. Interest revenue

 l. Interest expense                                         ee. Ending retained earnings

 m. Consulting revenue                                                 ff. Net income

 n. Cash flow from investing activities     gg. Dividends

 o. Service revenue                                         hh. Office equipment

 p. Unearned revenue                                   ii. Debt to equity ratio

 q. Certificate of deposit                               jj. Land

 r. Interest receivable                                     kk. Interest payable

 s. Depreciation expense                              ll. Rent expense

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