Balance Sheet Classifications. The lettered items below represent a classification scheme for a balance sheet....
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Balance Sheet Classifications. The lettered items below represent a classification scheme for a balance sheet. The numbered items are account titles. Match each account with the letter of the category in which it belongs, or indicate that it does not appear on the balance sheet. a. Current assets b. Investments c. Property, plant, and equipment d. Intangible assets 9. Trademark 10. Marketable Securities 11. Land Held for Future Use 12. Property Taxes payable 13. Note Payable in Five Years 14. Retained Earnings e. Current liabilities f. Long-term liabilities g. Stockholders' Equity h. Not on balance sheet 15. Land Used in Operations 16. Accumulated Depreciation 17. Accounts Receivable 18. Interest Expense 19. Unearned Revenue 20. Prepaid Rent
Balance Sheet Classifications. The lettered items below represent a classification scheme for a balance sheet. The numbered items are account titles. Match each account with the letter of the category in which it belongs, or indicate that it does not appear on the balance sheet. a. Current assets b. Investments c. Property, plant, and equipment d. Intangible assets e. Current llabilities f. Long-term llablitiles g. Stockholders' Equity h. Not on balance sheet 9. Trademark 10. Marketable Securities 11. Land Held for Future Use 15. Land Used in Operations 16. Accumulated Depreciation 12. Property Taxes payable 17. Accounts Recelvable 13. Note Payable in Five Years 18. Interest Expense 14. Retained Earnings 19. Unearned Revenue 20. Prepaid Rent
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