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Exercise 1 3 . 2 ( Static ) Classifying balance sheet items. LO 1 3 - 3 The following accounts appear on the worksheet of
Exercise Static Classifying balance sheet items. LO
The following accounts appear on the worksheet of New England Crafts at December X Indicate the section of the classified balance sheet in which each account will be reported.
tableAccountstableSection of Classified BalanceSheet Accounts payable, Truck, Prepaid rent, Notes payable, due X Office supplies, Accounts receivable, Merchandise inventory, Jim Sullivan, Capital, Cash, Unearned revenue, Notes receivable, due X Accumulated depreciationTruck, Notes payable, due Interest payable, Wages payable,
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