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Please help (Hw 5 q1) Indicate in which section (Asset, Liability, Equity, Revenue, Expenses, Gains/Losses) the following accounts would most likely be found in: Interest
Please help (Hw 5 q1)
Indicate in which section (Asset, Liability, Equity, Revenue, Expenses, Gains/Losses) the following accounts would most likely be found in:
- Interest payable
- Interest receivable
- Interest earned
- Interest expense
- Inventory
- Cost of Goods Sold
- Sales
- Deferred revenue
- Land
- Security deposits paid
- Investment in the stock of another company
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