For each of the following accounts, determine its classification on the balance sheet using the following classifications. Use OOE for other owners’ equity items that are not contributed capital or retained earnings. Put the letters in the spaces provided.________ 1. Accumulated Depletion________ 2. Allowance for Uncollectible Accounts________ 3. Bonds Payable Due Next Year________ 4. Common Stock Dividend Distributable________ 5. Deferred Income Tax Payable________ 6. Discount on Bonds Payable________ 7. Goodwill________ 8. Land Held for Expansion________ 9. Mining Property________ 10. Mortgage Payable

Transcribed Image Text:

LTL OL CA Current assets INV Investments. PPE Property, plant, and equipment CC INT Intangibles RE OA Other assets OOE CL Current liabilities Long-term liabilities Other liabilities Contributed capital Retained earnings Other owners' equity