Matching
The balances for the accounts listed below appear in the trial balance of Bubbles, Inc. Identify whether each balance would appear on:
( Note: There is only one correct answer for each)
Premises:
Salaries Expense
Fees Income
Accounts Receivable
Utilities Expense
Accounts Payable
T. Bubbles, Drawing
Prepaid Rent
Cash
Office Supplies
Equipment
Responses:
the Income Statement
the Balance Sheet
the Statement of Owner's Equity
Correct Answer:
Premises:
Responses:
Salaries Expense
Fees Income
Accounts Receivable
Utilities Expense
Accounts Payable
T. Bubbles, Drawing
Prepaid Rent
Cash
Office Supplies
Equipment
Premises:
Salaries Expense
Fees Income
Accounts Receivable
Utilities Expense
Accounts Payable
T. Bubbles, Drawing
Prepaid Rent
Cash
Office Supplies
Equipment
Responses:
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