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P4-1A In the blank space beside each numbered balance sheet item

Price: $3.99


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. Office equipment
2. Office supplies
3. Buildings
4. Store supplies
5. Accumulated depreciation—Trucks
6. Land (used in operations)
7. Repairs expense
8. Cash
9. Current portion of long-term note payable
10. Long-term investment in stock
11. Depreciation expense—Building
12. Prepaid rent
13. Interest receivable
14. Taxes payable
15. Automobiles
16. Notes payable (due in 3 years)
17. Accounts payable
18. Prepaid insurance
19. Owner, Capital
20. Unearned services revenue

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