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Indicate Whether the Following Items Would Appear on the Balance

Question 25

Essay

Indicate whether the following items would appear on the balance sheet (BS), income statement (IS), or retained earnings statement (RE).
1. Advertising expense
2. Accounts receivable
3. Dividends
4. Rent revenue
5. Salaries and wages payable
6. Supplies

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1. Income statement (IS) 4. In...

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