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Question 22 (2 points) Which of the following is least likely to be reported in the INVESTMENT section of a classified balance sheet? Trading securities

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Question 22 (2 points) Which of the following is least likely to be reported in the INVESTMENT section of a classified balance sheet? Trading securities Available for sale securities A Bond Sinking fund Treasury Stock Question 23 (2 points) Unearned rent revenue appears on the company's books. This account title would probably appear on the income statement appear in the statement of cash flows indicate that the company is renting some office or manufacturing space from another company and has paid in advance. indicate the company is renting to other companies that have prepaid in advance. Question 24 (2 points) Which of the following accounting titles would be least likely to appear in the LONG TERM LIABILITY section of a classified balance sheet? Deferred taxes Pension obligations Bond sinking fund Discount on Bonds Payable Question 25 (2 points) Which of the following balance sheet items would have a DEBIT balance? Trade accounts payable Discount on Notes Receivable O Premium on Bonds Payable Treasury Stock Dividends Distributable

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