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Hi! I would like to make sure my answers are right before giving in my work. Are these accounts correctly in the right financial statements
Hi! I would like to make sure my answers are right before giving in my work. Are these accounts correctly in the right financial statements and classifications? I have highlighted in red the ones I am very unsure of. Thank you.
Classification Current Liability Current Asset Financial Statement Balance Sheet Balance Sheet Plant Asset-Contra Balance Sheet Account Title Accounts Payable Accounts Receivable Accumulated Depreciation - Office Buildings Cash Casualty Lass from Vandalism Cost of Goods Sold Delivery Equipment Depreciation Expense Current Asset Balance Sheet Extraordinary Item Income Statement Income Statement Balance Sheet Income Statement Dividends Retained Earnings Statement Freight-out Insurance Expense Interest Payable Land Cost of Goods Sold Plant Asset Operating Expense Temporary account closed to Retained Earnings Operating Expense Operating Expense Current Liability Plant Asset Current Asset Current Liability/ Long- Term Liability Current Liability Current Liability Income Statement Income Statement Balance Sheet Balance Sheet Balance Sheet Merchandise Inventory Notes Payable Balance Sheet Balance Sheet Balance Sheet Revenue-Contra Income Statement Property Tax Payable Salaries Payable Sales Returns and Allowances Sales Common Stock * Share Capital - Ordinary Unearned Rent Revenue Income Statement Stockholder's Equity Balance Sheet Utilities Expense Liability Operating Expense Current Asset Balance Sheet Income Statement Balance Sheet WarehouseStep by Step Solution
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