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Presented below are a number of balance sheet accounts of Deep Blue Something, Inc. For each of the accounts below, indicate the proper balance sheet
Presented below are a number of balance sheet accounts of Deep Blue Something, Inc. For each of the accounts below, indicate the proper balance sheet classification. The debt investment (bonds) is readily marketable and held primarily for sale in the near term to generate income. The construction in process is being constructed for another party. Balance Sheet Accounts Balance Sheet Classification a. Debt Investments. b. Treasury Stock. c. Common Stock. d. Dividends Payable. e. Accumulated Depreciation-Equipment. f. Construction in Process. g. Petty Cash. h. Interest Payable. i. Deficit. j. Equity Investments. k. Income Taxes Payable. I. Unearned Subscriptions Revenue. m. Work in Process. n. Salaries and Wages Payable
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