Chapter D, Problem 9QS

To determine

Income statement: Income statement or Profit and Loss statement is a summary of all revenues earned and expenses incurred during the period for which the statement is prepared. When revenues exceed expenses, there is net profit and when the revenues are less than expenses, there is net loss during the period.

Statement of retained earnings: Statement of retained earnings is a statement which shows the increase or decrease in the retained earnings during a period. This statement shows the opening retained earnings add/(less) profits/(losses) earned during a period and less dividends paid during the period. This ending balance of retained earnings is carried forward under Equity section of Balance Sheet

Balance Sheet: Balance Sheet or the statement of financial position is a summary of all assets, liability and equity as on the book closing date. The sum of all assets is equal to the sum of liabilities and equity.

the statement where the given accounts would appear.