Indicate where each of the following accounts would be reported in the financial statements for the year

Question:

Indicate where each of the following accounts would be reported in the for the year ended December 31, 2016:
1. _________ Prepaid Rent
2. _________ Unearned Revenue
3. _________ Note Payable (due June 30, 2019)
4. _________ _________ _________ Accumulated Amortization
7. _________ Supplies
8. _________ Company Truck
a. Property, plant, and equipment
b. Current asset
c. Current liability
d. Long-term liability
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...