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Question 12 Classify each of the following items as an asset, liability, or stockholders' equity: Unearned revenue Choose ] 7 prepaid insurance [Choose] retained earnings

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Question 12 Classify each of the following items as an asset, liability, or stockholders' equity: Unearned revenue Choose ] 7 prepaid insurance [Choose] retained earnings Choose treasury stock Choose investment Choose Intel's accounting records show the following as of December 31, 2020: $840,000 240,000 Service revenue Equipment Operating expenses Cash 750,000 Dividends Supplies Common stock Accounts payable Accounts receivable Retained earnings, 1/1/2022 210,000 60,000 30,000 180.000 120,000 90,000 450,000 Intel's retained earnings on December 31, 2020 are $450,000 $540.000 $480.000 $ 30.000

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