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6. Classify the items below using the following codes CL: Current liability CA: Current asset PE: Property and equipment OA: Other asset EQ: Equity 1.
6. Classify the items below using the following codes CL: Current liability CA: Current asset PE: Property and equipment OA: Other asset EQ: Equity 1. Food inventory 2. Accounts payable 3. Common Stock issued 4. Customer deposits 5. Prepaid expense 6. Franchise right (acquired) 7. Vehicles 8. Accumulated depreciation 9. Allowance: doubtful accounts 11. Marketable securities 12. Accounts receivable 13. Preferred stock issued 14. Unearned revenue 15. Goodwill (acquired) 16. China, glassware 17. Office supplies inventory 18. Treasury stock 19. Additional paid-in capital 20. Stoves and ovens 10.Rooms furniture
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