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37. Assets are recorded in the balance sheet in order of 38. Identify which of the following accounts would appear as assets in the balance

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37. Assets are recorded in the balance sheet in order of 38. Identify which of the following accounts would appear as assets in the balance sheer? A Dividends receivable B. Retained earnings D. Goodwill E. Deferred revenue F. Wages payable. G. Unearned revenue H. Interest payabie 1. Marketable securities A) C, D, G, B) A, C. D.E B. C. E. H D) C, D, E, G E) None of the above 39. During a recent fiscal year. Company ABC purchased merchandise inventory costing $4,000. Assume that all purcheses were made on crede, and that its accounts payable is only used for inventory purchases. The following T-accounts refect information contained in the company's balance sheets What amount did the company record as cost of goods soid durng the fiscal yean? Page 10 of 14 40. Selected T-account balances for Company ABC are shown below as of the end of January. The company's accounting adjustment entries have already been posted. The firm uses a calendar-year accounting period, prepares monthly adjustments and uses straight-line depreciation

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