Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

Exercise 9

A Flow of accounts into financial statements
The balances for the accounts that follow appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of owner's equity, or balance sheet.
1. Accounts Receivable
2. Depreciation Expense-Equipment
3. Gene Cox, Capital (beginning of period)
4. Office Equipment
5. Rent Revenue
6. Supplies Expense
7. Unearned Revenue
8. Wages Payable
B Flow of accounts into financial statements
The balances for the accounts that follow appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each account would flow into the income statement, statement of owner's equity, or balance sheet.
1. Accumulated Depreciation-Building
2. Cash
3. Fees Earned
4. Insurance Expense
5. Prepaid Rent
6. Supplies
7. Tina Greer, Drawing
8. Wages Expense