Question
Give each of the account titles (#1-17) with the appropriate Balance Sheet classification as given below. An individual classification may be used more than once,
Give each of the account titles (#1-17) with the appropriate Balance Sheet classification as given below. An individual classification may be used more than once, or not at all. An account may also not appear in the balance sheet at all.
Classifications:
Current Assets, Long-term Investments, Capital Assets, Current Liabilities, Long-term Liabilities, Owner's Equity, Not separately presented on the Balance Sheet
1.T. Berman, Capital
2. Unearned Rent Revenue
3. Supplies
4. Accounts Payable
5. Trademarks
6. Salaries Payable
7. Equipment
8. Service Revenue Equipment
9. Rent Expense
10. Prepaid Insurance
11. Marketable Securities
12. Taxes Payable
13. Copyrights
14. Accounts Receivable
15. Mortgage Payable
16. T. Berman, Drawings
17. Accumulated Amortization
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