Matching
Match the following financial statement classifications with the accounts listed below:
Premises:
Oil Rights
Accumulated Depreciation
Depreciation Expense
Equipment
Franchise
Common Stock of Microsoft
Patent
Land - held for speculation
Responses:
Natural Resources
Investments
Intangible Assets
Property Plant and Equipment
Income Statement
Correct Answer:
Premises:
Responses:
Oil Rights
Accumulated Depreciation
Depreciation Expense
Equipment
Franchise
Common Stock of Microsoft
Patent
Land - held for speculation
Premises:
Oil Rights
Accumulated Depreciation
Depreciation Expense
Equipment
Franchise
Common Stock of Microsoft
Patent
Land - held for speculation
Responses:
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