loader  Loading... Please wait...

Question(s) / Instruction(s):

ACCT 2121 Spring 2012 Chapter 1 Pre Lecture

General Mills is a manufacturer of food products, such as Lucky Charms cereal, Pillsbury crescent rolls, and Jolly Green Giant vegetables. The following items were presented in the company's financial statements.

Required:

Select each item from the balance sheet as an Asset, Liability, or Stockholders' Equity and each item from the income statement as a Revenue or Expense.

 

1.            Accounts Payable                                           

2.            Contributed Capital                                        

3.            Equipment                                                         

4.            Accounts Receivable                     

5.            Notes Payable  

6.            Cash     

7.            Retained Earnings                                           

8.            Selling and Administrative Expenses

9.            Sales Revenue 

10.          Supplies

 

Find Similar Answers by Subject


Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)


Expert's Answer
Download Solution:
$1.79

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)



Reach Us

408-538-8534

20-3582-4059

39-008-4233

+1-408-904-6494