Question
Classify the accounts listed below by matching the account name with one of the following financial statement sections in which the account would be reported:
Classify the accounts listed below by matching the account name with one of the following financial statement sections in which the account would be reported:
a.
Current Assets
b.
Fixed Assets
c.
Intangible Assets
d.
Current Liability
e.
Long-Term Liability
f.
Owners' Equity
g.
Revenues
h.
Operating Expenses
i.
Other Income/Expense
____1.Buildings
____2.Accumulated Depreciation - Buildings
____3.Depreciation Expense
____4.Trademarks
____5.Amortization Expense
____6.Repairs Expense
____7.Land Improvements
____8.Gain on sale of equipment
____9.Loss on disposal of asset
____10. Loss from Impaired Goodwill
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