Indicate whether each of the following items is an asset, liability, or part of stockholders' equity. (a) Accounts receivable Asset Liability Stockholders' Equity (b) Salaries and wages payable (c) Equipment (d) Supplies (e) Dividends (f) Notes payable

Asset, liability, and stockholders' equity items Indicate whether each of the following is identified with (1) an asset, (2) a liability, or (3) stockholders' equity: a.  Accounts payable   b.  Cash   c.  Fees earned   d.  Land   e.  Supplies   f.  Wages expense

Which financial statement is associated with each of the descriptions below? a. Operating activities, investing activities, and financing activities b. Assets, liabilities, and stockholders’ equity c. Revenues and expenses d. Net income, dividends, and beginning retained earnings

Stockholders' equity a.is shown on the income statement b.is usually equal to cash on hand c.includes paid-in capital and liabilities d.includes retained earnings and paid-in capital