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Indicate in the Space Provided by Each Item Whether It

question 19

Essay

Indicate in the space provided by each item whether it would appear on the Income Statement (IS), Balance Sheet (BS), or Owner's Equity Statement (OE): a.____ Service revenueg.____ Accounts receivableb.____ Utilities expenseh.____ Owner’s capital (ending)c.____Cash i.____Equipment d.____ Accounts payablej.____ Advertising expensee.____Supplies k.____Owner’s drawing f.____ Salaries and wages expensel.____Notes payable \begin{array}{ll}a.\_\_\_\_ \quad\text { Service revenue}&g.\_\_\_\_ \quad\text { Accounts receivable}\\b.\_\_\_\_ \quad\text { Utilities expense}&h.\_\_\_\_ \quad\text { Owner's capital (ending)}\\c.\_\_\_\_ \quad\text {Cash }&i.\_\_\_\_ \quad\text {Equipment }\\d.\_\_\_\_ \quad\text { Accounts payable}&j.\_\_\_\_ \quad\text { Advertising expense}\\e.\_\_\_\_ \quad\text {Supplies }&k.\_\_\_\_ \quad\text {Owner's drawing }\\f.\_\_\_\_ \quad\text { Salaries and wages expense}&l.\_\_\_\_ \quad\text {Notes payable }\\\end{array}


Definitions:

Recall Column

A method used in note-taking and study to help remember key facts or concepts by summarizing them in a dedicated column.

Lecture

A method of teaching by giving a discourse on a particular subject, intended for a large audience, typically in a university or college setting.

Outline Format

A structured representation of the main points and supporting details of a written work or speech, organized hierarchically to guide development.

Roman Numerals

A numeral system originating from ancient Rome, using combinations of letters from the Latin alphabet to represent numbers.

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