Question
Please help with the following matching problem. Classify the accounts listed below by matching the account name with one of the following financial statement sections
Please help with the following matching problem.
Classify the accounts listed below by matching the account name with one of the following financial statement sections in which the account would be reported:
a. | Current Assets |
b. | Fixed Assets |
c. | Intangible Assets |
d. | Current Liability |
e. | Long-Term Liability |
f. | Owners Equity |
g. | Revenues |
h. | Operating Expenses |
i. | Other Income/Expense |
____ 1. Buildings
____ 2. Accumulated Depreciation - Buildings
____ 3. Depreciation Expense
____ 4. Trademarks
____ 5. Amortization Expense
____ 6. Repairs Expense
____ 7. Land Improvements
____ 8. Gain on sale of equipment
____ 9. Loss on disposal of asset
____ 10. Loss from Impaired Goodwill
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