The balances for the accounts listed below appear in the Adjusted Trial Balance columns of the end-of-period spreadsheet
(work sheet). Indicate whether each balance would flow to
(a) the income statement,
(b) the statement of owner's equity, or
(c) the balance sheet.​
1. Accounts Payable
2. Dobson, Drawing
3. Depreciation Expense
4. Accumulated Depreciation
5. Fees Earned
6. Unearned Fees
7. Supplies
8. Supplies Expense

Income Statement

A financial statement that reports a company's financial performance over a specific period, detailing revenues, expenses, and net income.

Statement Of Owner's Equity

A financial document showing the changes in the equity of a company during a specific period, through investments, withdrawals, and net income or loss.

Balance Sheet

A financial statement that summarizes an entity's assets, liabilities, and shareholders' equity at a specific point in time.