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8 00 1 points eBook Exxon Mobil Corporation explores, produces, refines, markets, and supplies crude oil, natural gas, and petroleum products in the United
8 00 1 points eBook Exxon Mobil Corporation explores, produces, refines, markets, and supplies crude oil, natural gas, and petroleum products in the United States and around the world. Required: Indicate how it 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 debit or credit balance. (1) Notes and Loans Payable (short-term) Print (2) Materials and Supplies (3) Common Stock (4) References Patents (an intangible asset) (5) Income Taxes Payable (6) Long-Term Debt (7) Marketable Securities (short-term) (8) Property, Plant, and Equipment (9) Retained Earnings Balance Sheet Classification Debit or Credit Balance (10) Notes and Accounts Receivable (short-term) (11) Investments (long-term) (12) Cash and Cash Equivalents (13) Accounts Payable (14) Crude Oil Products and Merchandise (15) Additional Paid-in Capital
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