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Select the Balances for the Accounts Listed Below Appear in the Adjusted

Question 119

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select The balances for the accounts listed below appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet. Indicate whether each balance should be extended to (a) an Income Statement column or (b) a Balance Sheet column.

Premises:
Retained Earnings
Common Stock
Supplies Expense
Unearned Fees
Supplies
Fees Earned
Accumulated Depreciation
Depreciation Expense
Responses:
Balance Sheet column
Income Statement column

Correct Answer:

Retained Earnings
Common Stock
Supplies Expense
Unearned Fees
Supplies
Fees Earned
Accumulated Depreciation
Depreciation Expense
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