Relating titles and accounts to financial statements
Required
Identify the financial statements on which each of the following items (titles, date descriptions, and accounts) appears by placing a check mark in the appropriate column. If an item appears on more than one statement, place a check mark in every applicable column. The first item is completed as an example.
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Item |
Income |
Statement of |
Balance |
Statement of |
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Notes payable |
? |
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Beginning common stock |
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Service revenue |
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Utility expense |
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Cash from stock issue |
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Operating activities |
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For the period ended (date) |
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Net income |
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Investing activities |
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Net loss |
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Ending cash balance |
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Salary expense |
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Consulting revenue |
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Dividends |
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Financing activities |
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Ending common stock |
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Interest expense |
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As of (date) |
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Land |
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Beginning cash balance |