Fred Flores operates a golf driving range. For each of the following financial items related to his business, indicate the financial statement (or statements) in which the item would be reported: balance sheet (BS), income statement (IS), statement of stockholders’ equity (SSE) or statement of cash flows (SCF). Accounts receivable
Cash received from the sale of land
Net income
Cash invested in the business by Flores
Notes payable Supplies expense
Land
Supplies