5.9k views
2 votes
How many of the following items are found on the balance sheet, rather than the income statement? • Accounts receivable • Retained earnings • Income tax expense • Accrued payable • cash • Selling and administrative expenses • Plant and equipment • Operating expense • Marketable securities • Interest expense

2 Answers

3 votes

Answer:

These are found on the Balance sheet

  • Accounts receivable
  • Retained Earnings
  • Accrued payable
  • Cash
  • Plant and equipment
  • Marketable securities

Step-by-step explanation:

User Tanvi B
by
6.6k points
3 votes

Answer: Items are classified as follows:

  • Accounts receivable - Balance sheet.
  • Retained earnings - Balance sheet.
  • Income tax expense - Income statement.
  • Accrued payable - Balance sheet.
  • Cash - Balance sheet.
  • Selling and administrative expenses - Income statement.
  • Plant and equipment - Balance sheet.
  • Operating expense - Income statement.
  • Marketable securities - Balance sheet.
  • Interest expense - Income statement.
User Stephen Deken
by
6.7k points