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Select from Choices of Its Balance Sheet Classification

Question 30

Multiple Choice

Select from choices of its balance sheet classification. If the item should not appear on the balance sheet, select H.
-Common Stock


A) Current assets
B) Long-term investments
C) Long-term assets
D) Intangible assets
E) Current liabilities
F) Noncurrent liabilities
G) Equity
H) Not appear on the balance sheet

Correct Answer:

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