Identify whether each of the following items would appear on the income statement (IS), statement of changes in stockholders’ equity (SE), balance sheet (BS), or statement of cash flows (CF). Some items may appear on more than one statement; if so, identify all applicable statements. If an item would not appear on any financial statement, label it NA.

a. Prepaid rent
b. Net income
c. Utilities expense
d. Supplies
e. Cash flow from operating activities
f. Service revenue
g. Auditor’s opinion
h. Accounts receivable
i. Accounts payable
j. Unearned revenue
k. Dividends
l. Beginning cash balance
m. Ending retained earnings
n. Rent expense
o. Ending cash balance

a. BS

b. IS, SE
c. IS
d. BS
e. CF
f. IS
g. NA
h. BS
i. BS
j. BS
k. SE
l. BS
m. SE
n. IS
o. BS, CF

a. Prepaid rent - Prepaid rent would appear on the balance sheet (BS) as an asset.

b. Net income - Net income would appear on the income statement (IS).

c. Utilities expense - Utilities expense would appear on the income statement (IS).

d. Supplies - Supplies would appear on the balance sheet (BS) as an asset.

e. Cash flow from operating activities - Cash flow from operating activities would appear on the statement of cash flows (CF).

f. Service revenue - Service revenue would appear on the income statement (IS).

g. Auditor's opinion - Auditor's opinion would not appear on any financial statement. Label it as NA.

h. Accounts receivable - Accounts receivable would appear on the balance sheet (BS) as an asset.

i. Accounts payable - Accounts payable would appear on the balance sheet (BS) as a liability.

j. Unearned revenue - Unearned revenue would appear on the balance sheet (BS) as a liability.

k. Dividends - Dividends would appear on the statement of changes in stockholders' equity (SE).

l. Beginning cash balance - Beginning cash balance would not appear on any financial statement. Label it as NA.

m. Ending retained earnings - Ending retained earnings would appear on the statement of changes in stockholders' equity (SE).

n. Rent expense - Rent expense would appear on the income statement (IS).

o. Ending cash balance - Ending cash balance would not appear on any financial statement. Label it as NA.

a. Prepaid rent - Balance sheet (BS)

b. Net income - Income statement (IS), Statement of changes in Stockholders' equity (SE)
c. Utilities expense - Income statement (IS)
d. Supplies - Balance sheet (BS)
e. Cash flow from operating activities - Statement of cash flows (CF)
f. Service revenue - Income statement (IS)
g. Auditor's opinion - N/A
h. Accounts receivable - Balance sheet (BS)
i. Accounts payable - Balance sheet (BS)
j. Unearned revenue - Balance sheet (BS)
k. Dividends - Statement of changes in Stockholders' equity (SE)
l. Beginning cash balance - Statement of cash flows (CF)
m. Ending retained earnings - Statement of changes in Stockholders' equity (SE)
n. Rent expense - Income statement (IS)
o. Ending cash balance - Statement of cash flows (CF)