Oakley, Inc., reported the following items in its financial statements. For each item, indicate (1) the type of account (A = asset, L = liability, SE = stockholders' equity, R = revenue, E = expense, D = dividend) and (2) whether it is reported on the income statement (I/ S), statement of retained earnings (SRE), and/ or balance sheet (B/ S).
1. Dividends
2. Common Stock
3. Sales Revenue
4. Equipment
5. Cash
6. Note Payable
7. Accounts Payable
8. Retained Earnings, Beginning of Year