Reference no: EM131539224

Question: Following are selected accounts for a company. For each account, indicate whether it will appear on a budgeted income statement (BIS) or a budgeted balance sheet (BBS). If an item will not appear on either budgeted financial statement, label it NA.

Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . ________

Administrative salaries paid . . . . . . . . . ________

Accumulated depreciation. . . . . . . . . . ________

Depreciation expense . . . . . . . . . . . . . ________

Interest paid on bank loan . . . . . . . . . ________

Cash dividends paid . . . . . . . . . . . . . . . ________

Bank loan owed . . . . . . . . . . . . . . . . . . ________

Cost of goods sold. . . . . . . . . . . . . . . . ________