Business, 10.03.2020 04:42, aysenazz

For each of the following, indicate whether the item would be reported on the balance sheet (BS), reported on the income statement (IS), or not shown in the financial statements (Not). Also indicate whether it relates to a service company (SC) or merchandising company (MC).

a. Sales Revenue
b. Inventories (Held on Consignment)
c. Cost of Goods Sold
d. Inventories (Out on Consignment)

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For each of the following, indicate whether the item would be reported on the balance sheet (BS), re...