Identify each of the following items relating to sections of a bal P.O. 2 ance sheet dated

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Identify each of the following items relating to sections of a bal¬ P.O. 2 ance sheet dated 19x5 as Current Assets (CA), Plant and Equipment (PE), Cur¬

rent Liabilities (CL), Long-Term Liabilities (LTL), or Owner’s Equity (OE).

a. Accounts Receivable

b. Building

c. Wages Payable

d. Prepaid Taxes

e. Mortgage Payable (current)

f. Supplies g. Mortgage Payable (due May 31, 19x8)
h. Unearned Fees i. D. Mann, Capital j. Notes Payable (due in 3 months)

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College Accounting Chapters 1-26

ISBN: 9780395796993

6th Edition

Authors: Douglas J. McQuaig, Patricia A. Bille

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Question Posted: Jun 27, 2024 02:15 AM

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Identify each of the following items relating to sections of a bal P.O. 2 ance sheet dated

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College Accounting Chapters 1-26

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