10. Which of the following appears on the Balance Sheet? a. Unearned Fees b. Supplies Expense c. Service Revenue d. Fees Earned

Principles of Accounting Volume 1
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Chapter3: Analyzing And Recording Transactions
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Problem 4EA: Identify the financial statement on which each of the following accounts would appear: the income...
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10. Which of the following appears on the Balance Sheet?
a. Unearned Fees
b. Supplies Expense
c. Service Revenue
d. Fees Earned
11. Which of the following does not appear on the Income Statement?
b. Prepaid Insurance
c. Wages Expenses
a. Service Revenue
d. Rent Income
12. When preparing the owner's equity statement, the beginning capital balance can always be
found:
a. In the Income Statement columns of the worksheet
c. By subtracting expenses from revenue
b. In the generaljournal
.In the generalledger
Transcribed Image Text:10. Which of the following appears on the Balance Sheet? a. Unearned Fees b. Supplies Expense c. Service Revenue d. Fees Earned 11. Which of the following does not appear on the Income Statement? b. Prepaid Insurance c. Wages Expenses a. Service Revenue d. Rent Income 12. When preparing the owner's equity statement, the beginning capital balance can always be found: a. In the Income Statement columns of the worksheet c. By subtracting expenses from revenue b. In the generaljournal .In the generalledger
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