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Exxon Mobil Corporation explores, produces, refines, markets, and supplies crude oil, natural gas, and petroleum products in the United States and around the world.
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 the accounts normally should be categorized on a classified balance sheet. Also indicate whether the account normally has a debit or credit balance. (1) Notes and Loans Payable (short-term) (2) Materials and Supplies (3) Common Stock (4) Intangible Assets (5) Income Taxes Payable (6) Long-Term Debt (7) Property, Plant, and Equipment (8) Retained Earnings (9) Notes and Accounts Receivable (short-term) (10) Investments (long-term) (11) Cash and Cash Equivalents (12) Accounts Payable and Accrued Liabilities (13) Crude Oil, Products and Merchandise (14) Additional Paid-in Capital Balance Sheet Classification Debit or Credit Balance
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