Label each of the items listed with the abbreviation of the financial statement on which it appears. Items may appear on more than one statement. Income Statement (IS) Balance Sheet (BS) Statement of Retained Earnings (RE) (IS) 1. Accounts receivable ▼ (IS) (BS) (RE) (BS) and (IS) (BS) and (RE) (IS) and (RE) (BS) and (IS) (RE) 2. Notes payable ▼ (IS) (BS) (RE) (BS) and (IS) (BS) and (RE) (IS) and (RE) (BS) and (IS) (RE) 3. Advertising expense
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Home » Business » Label each of the items listed with the abbreviation of the financial statement on which it appears. Items may appear on more than one statement. Income Statement (IS) Balance Sheet (BS) Statement of Retained Earnings (RE) (IS) 1.