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QUESTION 9 You will normally find Inventory listed on the balance sheet as a liability account on the balance sheet as an equity account on
QUESTION 9 You will normally find Inventory listed on the balance sheet as a liability account on the balance sheet as an equity account on the balance sheet as an asset account on the income statement QUESTION 10 You will normally find Unearned Revenue (or Deferred Revenue) listed on the balance sheet as an equity account on the balance sheet as a liability account on the balance sheet as an asset account on the income statement QUESTION 11 You will normally find Interest Receivable listed on the balance sheet as an asset account on the balance sheet as a liability account on the balance sheet as an equity account on the income statement QUESTION 12 You will normally find Accumulated Depreciation listed on the income statement on the balance sheet as an asset account (including as a contra account) on the balance sheet as a liability account on the balance sheet as an equity account
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