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28 M2-6 Identifying Accounts on a Classified Balance Sheet and Their Normal Debit or Credit Balances (LO 2-1, LO 2-3, LO 2-4) 0.59 points Netflix,

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28 M2-6 Identifying Accounts on a Classified Balance Sheet and Their Normal Debit or Credit Balances (LO 2-1, LO 2-3, LO 2-4) 0.59 points Netflix, Inc, is the world's leading Internet subscription service for movies and TV shows Required: 1.82. The following are several of the accounts included in a recent balance sheet. Indicate how each account normally should be categorized on a classified balance sheet. Use CA for current asset, NCA for noncurrent asset. CL for current liability, NCL for noncurrent liability, and SE for stockholders' equity. Also indicate whether the account normally has a debitor credit balance. Bool Print Category Normal Balance References 1. Accrued Liabilities 2. Prepaid Rent 3. Cash 4. Common Stock 5. Notes Payable (long-term) 6. Equipment 7. Retained Earnings 8. Accounts Payable

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