
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 65
In the blank space beside each numbered balance sheet item, enter the letter of its balance sheet classification. If the item should not appear on the balance sheet, enter a Z in the blank.
A. Current assets
B. Long-term investments
C. Plant assets
D. Intangible assets
E. Current liabilities
F. Long-term liabilities
G. Equity
_______ 1. Long-term investment in stock
_______ 2. Depreciation expense-Building
_______ 3. Prepaid rent
_______ 4. Interest receivable
_______ 5. Taxes payable
_______ 6. Automobiles
_______ 7. Notes payable (due in 3 years)
_______ 8. Accounts payable
_______ 9. Prepaid insurance
_______ 10. Owner, Capital
_______ 11. Unearned services revenue
_______ 12. Accumulated depreciation-Trucks
_______ 13. Cash
_______ 14. Buildings
_______ 15. Store supplies
_______ 16. Office equipment
_______ 17. Land (used in operations)
_______ 18. Repairs expense
_______ 19. Office supplies
_______ 20. Current portion of long-term note payable
A. Current assets
B. Long-term investments
C. Plant assets
D. Intangible assets
E. Current liabilities
F. Long-term liabilities
G. Equity
_______ 1. Long-term investment in stock
_______ 2. Depreciation expense-Building
_______ 3. Prepaid rent
_______ 4. Interest receivable
_______ 5. Taxes payable
_______ 6. Automobiles
_______ 7. Notes payable (due in 3 years)
_______ 8. Accounts payable
_______ 9. Prepaid insurance
_______ 10. Owner, Capital
_______ 11. Unearned services revenue
_______ 12. Accumulated depreciation-Trucks
_______ 13. Cash
_______ 14. Buildings
_______ 15. Store supplies
_______ 16. Office equipment
_______ 17. Land (used in operations)
_______ 18. Repairs expense
_______ 19. Office supplies
_______ 20. Current portion of long-term note payable
Explanation
Current Assets - Current Assets are cash...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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