Solved

Match the Following Classifications with the Accounts Listed Below

Question 48

Matching

Match the following classifications with the accounts listed below.

Premises:
Accumulated Depletion
Franchise
Equipment
Accumulated Depreciation
Gold Mine
Land
Patent
Oil Rights
Responses:
CNR - Contra Natural Resources
DNR - Debit Balance Natural Resources
DPPE - Debit Property Plant and Equipment
IA - Intangible Assets
CPPE - Contra Property Plant and Equipment

Correct Answer:

Accumulated Depletion
Franchise
Equipment
Accumulated Depreciation
Gold Mine
Land
Patent
Oil Rights
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