Consider the following account balances of Smiths Corp. at the end of the year:
Cash $12,000
Unearned Revenue $18,000
Interest Revenue $5,000
Supplies $3,500
Common Stock $25,000
Rent Expense $6,000
Accounts Receivable $11,700
Salaries Expense $7,500
1. How many of these accounts would be reported in the company's income statement?
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Home » Business » Consider the following account balances of Smiths Corp. at the end of the year: Cash $12,000 Unearned Revenue $18,000 Interest Revenue $5,000 Supplies $3,500 Common Stock $25,000 Rent Expense $6,000 Accounts Receivable $11,700 Salaries Expense