Ask Question
14 April, 09:30

For each of the following item below, indicate to which category of elements of financial statements it belongs. a. Retained earnings. e. Depreciation h. Dividendsb. Sales f. Loss on Sale of equipment i. Gain on sale of investmentc. Additional paid-in capital g. Interest payable j. Issuance of common stockd. inventory

+3
Answers (1)
  1. 14 April, 09:42
    0
    A. Retained earnings - Equity

    B. Sales - Revenue

    C. Additional paid-in capital - Equity

    D. lnventory - Asset

    E. Depreciation - Expense

    F. Loss on Sale of equipment - Expense

    G. Interest payable - Liability

    H. Dividends - Equity

    l. Gain on sale of investment - Revenue

    J. Issuance of common stock - Equity
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “For each of the following item below, indicate to which category of elements of financial statements it belongs. a. Retained earnings. e. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers