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Exercise 2-1 Classiy each of the following financial statement items taken from Ming Corporation's balance sheet. Accounts payable Accounts receivable Accumulated depreciation-equipment Buildings Cash Interest

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Exercise 2-1 Classiy each of the following financial statement items taken from Ming Corporation's balance sheet. Accounts payable Accounts receivable Accumulated depreciation-equipment Buildings Cash Interest payable Goodwill Income taxes payable Inventory Stock investments (to be sold in 7 months) Land (in use) Mortgage payable Supplies to search V Accumulated depreciation-equipment VBuildings Cash Interest payable v Goodwill Income taxes payable Inventory Stock investments (to be sold in 7 months) Land (in use) Mortgage payable Supplies Equipment Prepaid rent to search 40

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