Indicate the financial statement on which each of the following items appears. Use I for income statement, E for statement of retained earnings, and B for balance sheet.a. Services Revenueb. Interest Payablec. Accounts Receivabled. Salaries Expensee. Equipmentf. Prepaid Insuranceg. Buildingsh. Rental Revenuei. Dividendsj. Office Suppliesk. Interest Expensel. Insurance Expense

a. Services Revenue: I

b. Interest Payable: B

c. Accounts Receivable: B

d. Salaries Expense: I

e. Equipment: B

f. Prepaid Insurance: B

g. Buildings: B

h. Rental Revenue: I

i. Dividends: E

j. Office Supplies: B

k. Interest Expense: I

l. Insurance Expense: I

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

a. Services Revenue: Income statement.

b. Interest Payable: Balance sheet.

c. Accounts Receivable: Balance sheet.

d. Salaries Expense: Income statement.

e. Equipment: Balance sheet.

f. Prepaid Insurance: Balance sheet.

g. Buildings: Balance sheet.

h. Rental Revenue: Income statement.

i. Dividends: Statement of retained earnings.

j. Office Supplies: Balance sheet.

k. Interest Expense: Income statement.

l. Insurance Expense: Income statement.

Explanation:

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