Depreciation expense and inventories

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Reference no: EM131501103

How many of the following items are found on the income statement, rather than the balance sheet? • Sales • Notes payable (due in six months) • Bonds payable (mature in 10 years) • Common stock • Depreciation expense • Inventories • Capital in excess of par value • Net income (earnings after taxes) • Income tax payable

Reference no: EM131501103

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