Which phrase best completes the list? Characteristics of Short-Term Savings Strategies
Earn low rates of interest
Include savings accounts at banks
?
O A. Are used mostly for retirement savings
O B. Are used to pay for expenses as they arise
O C. Include keeping money in your home
O D. Have a high risk of losing initial investments

Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?