Listed are a # of financial statement captions. Indicate in the spaces below the (1) catagory of each item and (2) the financial statement(s) on which the item
can be found.
(1) Catagory:
Assets Liability Owners Equity Revenue Expense Gain Loss
(2) Financial Statement:
Balance Sheet Income Statement Statement of Changes on Owners Equity
Unearned Revenues (1)____ (2)____
Admin. Expenses (1)____ (2)_____
Common Stock (1) _____ (2) _____
Bonds Payable (1) _____ (2) _____
Income Tax Expense (1) ____ (2) ____
Loss on sale of land (1) _____ (2) ____
Equipment (1) ____ (2) _____
Salaries Payable (1) ____ (2) ____
Merchandise inventory (1) ____ (2) ____
Prepaid Expense (1) ___ (2) ____