Textbook Problem

From the following list of selected items taken from the records of Rosewood Appliance Service as of a specific date, identify those that would appear on the balance sheet:

1. 1. Accounts Payable
2. 2. Accounts Receivable
3. 3. Andrew King, Capital
4. 4. Cash
5. 5. Fees Earned
6. 6. Land
7. 7. Rent Expense
8. 8. Supplies
9. 9. Wages Expense
10. 10. Wages Payable

Based on the data presented in Exercise 1-16, identify those items that would appear on the income statement.