For each of the following items, indicate whether they would be reported in the balance sheet (B) or income statement (1). (a) Machinery (b) Supplies expense (c) Inventories (d) Sales (e) Common stock (f) Factory buildings (g) Receivables (h) Taxes payable (i) Taxes expense (1) Cost of goods sold (k) Long-term debt (1) Treasury stock ◆ + 4 ⇓⇓⇓ O

Given the following Balance Sheet and Income Statement information Balance Sheet $1,338,185 Total Liabilities: $549,219 Total Assets: Income Statement Earnings Before Income Tax: $211,636 Income Tax Expense: What is the Return on Equity? $42.717

Prepare a classied balanced sheet in good form    1. Common Stock  2. Discountedd on Bonds Payable  3. Treasury Stock (at cost) 4. Notes Payable (short-term) 5. Raw Materials  6. Prefered Stock Investments (long-term) 7. Unearned Rent Revenue  8. Work in Process. 9. Copyrights   10. Buildings 11. Notes Recievable (short-term). 12. Cash. 13. Salaries and Wages Payable. 14. Accummlated Depreciation--Buildings 15. Restricted Cash for Plant Expansion  16. Land Held for Future Plant Site  17. Allowance for Doubtful Accounts  18. Retained Earnings  19. Paid-in capitial in Excess of Par -Common Stock  20. Unearned Subscriptions Revenue  21. Receivables--Officers (due in one year) 22. Inventory (finished goods) 23. Accounts Receivable  24. Bonds Payable (due in 4 years) 25. Noncontrolling Interest

Financial statements for Rundle Company follow. Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities. Total liabilities Stockholders' equity. Preferred stock, (par value $10, 4% cumulative, non-participating; 7,000 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Revenues Sales (net) Other revenues RUNDLE COMPANY Statements of Income and Retained Earnings For the Years Ended December 31 Total revenues Expenses Cost of goods sold RUNDLE COMPANY Balance Sheets As of December 31 Selling, general, and administrative Interest expense…

H1.