Indicate in which financial statement each item would most likely appear, by selecting income statement, balance sheet, or statement of cash flows from the drop down provided. a. Notes payable Balance sheet b. Net decrease (or increase) in cash Statement of cash flows c. Factory Balance sheet d. Land Income statement e. Commission revenue Statement of cash flows f. Accounts Receivable Balance sheet g. Janitorial expense Income statement h. Postage expense Income statement
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" - Notes payable is a liability, so it appears on the Balance sheet. Show more…
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