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Relationship of accounts to financial statements Required Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders’ equity (SE), balance sheet (BS), or statement of cash flows (CF). Some items may appear on more than one statement; if so, identify all applicable statements. If an item would not appear on any financial statement, label it NA. a. Accumulated depreciation t. Accounts receivable b. Salary expense u. Notes payable c. Prepaid insurance v. Insurance expense d. Beginning common stock w. Salaries payable e. Beginning retained earnings x. Total assets f. Supplies expense y. Accounts payable g. Operating expenses z. Notes receivable h. Cash flow from operating activities aa. Cash i. Debt to assets ratio bb. Supplies j. Total liabilities cc. Cash flow from financing activities k. Ending common stock dd. Interest revenue l. Interest expense ee. Ending retained earnings m. Consulting revenue ff. Net income n. Cash flow from investing activities gg. Dividends o. Service revenue hh. Office equipment p. Unearned revenue ii. Debt to equity ratio q. Certificate of deposit jj. Land r. Interest receivable kk. Interest payable s. Depreciation expense ll. Rent expense
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