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Classify Each of the Following Items as to Whether They

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Classify each of the following items as to whether they would appear on a balance sheet (BS), income statement (IS), or neither (N).
Classify each of the following items as to whether they would appear on a balance sheet (BS), income statement (IS), or neither (N).


Definitions:

Friendship

A social bond between two or more individuals, characterized by mutual affection, trust, and support.

Demanding

Requiring much time, attention, or effort, often challenging to satisfy or fulfill.

Early Colonists

The first settlers who established communities in new territories, often overcoming challenges and hardships.

Personal Fulfillment

The achievement of life goals and aspirations that bring an individual a sense of satisfaction and contentment.

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