Please answer what Financial Statement or Statements the following accounts go on. Additionally if they are permanent accounts. Income Statement (1) Balance Sheet (2) Retained Earnings Statement (3) Statement of Cash Flows (4) Type of Account: 1) Asset 2) Liability 3) Equity 4) Revenue 5) Expense Finally 1) Real 2) Nominal 1) Operating Income 2) Dividends PAYABLE 3) Accumulated Depreciation 4) Depreciation Expense 5) Dividends DECLARED 6) BEGINNING-of-period Retained Earnings balance 7) Service Fee Revenue 8) Tax Expense 9) Interest Receivable 10) Interest Income 11) Sales 12) Cost of Goods Sold 13) Prepaid Insurance 14) Supplies Expense
Please answer what Financial Statement or Statements the following accounts go on. Additionally if they are permanent accounts. Income Statement (1) Balance Sheet (2) Retained Earnings Statement (3) Statement of Cash Flows (4) Type of Account: 1) Asset 2) Liability 3) Equity 4) Revenue 5) Expense Finally 1) Real 2) Nominal 1) Operating Income 2) Dividends PAYABLE 3) Accumulated Depreciation 4) Depreciation Expense 5) Dividends DECLARED 6) BEGINNING-of-period Retained Earnings balance 7) Service Fee Revenue 8) Tax Expense 9) Interest Receivable 10) Interest Income 11) Sales 12) Cost of Goods Sold 13) Prepaid Insurance 14) Supplies Expense
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please answer what Financial Statement or Statements the following accounts go on. Additionally if they are permanent accounts.
Income Statement (1)
Type of Account: 1) Asset 2) Liability 3) Equity 4) Revenue 5) Expense
Finally 1) Real 2) Nominal
1) Operating Income
2) Dividends PAYABLE
3)
4) Depreciation Expense
5) Dividends DECLARED
6) BEGINNING-of-period Retained Earnings balance
7) Service Fee Revenue
8) Tax Expense
9) Interest Receivable
10) Interest Income
11) Sales
12) Cost of Goods Sold
13) Prepaid Insurance
14) Supplies Expense
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