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Specify, to the left of each account, the letter of the financial statement classification the account would appear in. Use only the classifications shown.
Specify, to the left of each account, the letter of the financial statement classification the account would appear in. Use only the classifications shown. Balance Sheet a. Current Assets b. Property, Plant, and Equipment c. Current Liabilities d. Long-term Debt e. Capital Stock f. Retained Earnings 1. Common Stock 2. Buildings 3. Inventory 4. Office Expense 5. Allowance for Doubtful Accounts 6. Notes Payable-Short Term 7. Accum. Depreciation-Buildings 8. Mortgage Payable due 2023 9. Sales 10. Retained Earnings January1, 2020 Income and Retained Earnings Statement g. Sales h. Revenue i. Operating Expenses j. Retained Earnings Section k. Not on the Statements 11. Salaries and Wages Expense 12. Cash 13. Interest Revenue 14. Accounts Payable 15. Accounts Receivable 16. Interest Expense 17. Dividends Declared and Paid 18. Insurance Expense 19. Taxes Payable 20. Retained Earnings Dec. 31, 2020
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