Essay
Match each account name with the category that it would be included under in classified balance sheet.
ACCOUNT
______ (1)Equipment
______ (2)Common Stock
______ (3)Supplies
______ (4)Retained Earnings
______ (5)Accounts Receivable
______ (6)Accounts Payable
CATEGORY
CA - Current Asset
NCA - Noncurrent Asset
CL - Current Liability
NCL - Noncurrent Liability
SE - Stockholders' Equity
Correct Answer:
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(1)NCA
(2)...View Answer
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Correct Answer:
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(2)...
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