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updated The following is a list of financial statement items and amounts from a recent income statement and balance sheet of Basic Corporation. All accounts have normal balances. The company's year ended on December 31,204. For each financial statement item listed, indicate whether it appears on the income statement or balance sheet. For income statement items, specify whether they are operating or other items. For balance sheet items, identify their classifications ( A, L or SE; current or non-current)..

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updated The following is a list of financial statement items and amounts from a recent income statement and balance sheet of Basic Corporation. All accounts have normal balances. The company's year ended on December 31,204. For each financial statement item listed, indicate whether it appears on the income statement or balance sheet. For income statement items, specify whether they are operating or other items. For balance sheet items, identify their classifications ( A, L or SE; current or non-current).

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