Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Indicate which financial Statement will include each account listed, along with their normal balance. Choices for Financial Statement : Balance Sheet Income Statement Shareholders Equity

Indicate which financial Statement will include each account listed, along with their normal balance.

Choices for Financial Statement :

Balance Sheet

Income Statement

Shareholders Equity

Comprehensive Income

Normal Balance (Credit/Debit)
Cash and cash equivalents B
Marketable securities B
Accounts receivable B
Allowance for Doubtful Accounts B
Other current assets B
Property, capitalized software and equipment
Accumulated depreciation B
Goodwill B
Intangible assets, net of accumulated amortization
Long-term investments
Deferred income taxes-asset
Equity method investments
Current portion of long-term debt B
Accounts payable, trade
Deferred revenue
Accrued expenses and other current liabilities
Long-term debt, net
Income taxes payable
Asset Retirement Obligations
Other long-term liabilities
Common stock $.001 par value; authorized 1,600,000 shares; issued 263,502 and outstanding 76,852
Class B convertible common stock $.001 par value; authorized 400,000 shares; issued 16,157 shares and outstanding 5,789 shares
Additional paid-in capital S
Retained earnings B
Accumulated other comprehensive loss
Treasury stock 196,908 shares
Cash dividends
Revenue I
Cost of revenue
Selling and marketing expense
General and administrative expense
Product development expense
Depreciation
Amortization of intangibles
Goodwill impairment
Interest expense
Other expense, net of other income
Income Tax benefit
Change in unrealized gains and losses of available-for-sale securities

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Agile Audit Transformation And Beyond

Authors: Toby DeRoche

1st Edition

1032062894, 978-1032062891

More Books

Students also viewed these Accounting questions

Question

What is the orientation toward time?

Answered: 1 week ago

Question

4. How is culture a contested site?

Answered: 1 week ago