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The classifications on Chasepeake Limited's statement of financial position are as follows: i . Current assets ii . Long-term investments iii . Property, plant, and
The classifications on Chasepeake Limited's statement of financial position are as follows: i . Current assets ii . Long-term investments iii . Property, plant, and equipment iv. Intangible assets v. Other assets vi. Current liabilities vii. Long-term debt viii. Capital shares ix. Contributed surplus x. Retained earnings xi. Accumulated other comprehensive income Indicate by number where each of the following accounts would be classified: a. Preferred shares b. Franchises c. Salaries and wages payable d. Accounts payable e. Leasehold improvements f. FV-NI Investments g. Current portion of Long-term debt h. Obligations under lease (portion due next year) i. Allowance for doubtful accounts j. Accounts receivable k. Bonds payable (maturing in two years) j. Accounts receivable k. Bonds payable (maturing in two years) l. Notes payable (due next year) m. Supplies n. Mortgage o. Land (for use) p. Bond sinking fund investment q. Inventory r. Prepaid insurance s. Bonds payable (maturing next year) t. Income tax payable u. Unrealized Gain or Loss - OCI v. Deficit
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