Accountıng I Deneme Sınavı Sorusu #1174387

Which accounts appear on which financial statement?


Expenses- Balance Sheet

Supplies- Income Statement

Payables- Income Statement

Revenues- Balance Sheet

Payables- Balance Sheet


Yanıt Açıklaması:

The correct answer is question E. Income and expense accounts are shown in the income statement. Payables and suppplies are shown in balance sheet. 

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