Question
The following accounts were taken from the financial statements of Dream Company. Accounts classification Accounts classification Owners capital Building Wages Payable Prepaid insurance Unearned Revenue
- The following accounts were taken from the financial statements of Dream Company.
| Accounts | classification | Accounts | classification |
| Owners capital |
| Building |
|
| Wages Payable |
| Prepaid insurance |
|
| Unearned Revenue |
| Drawing |
|
Instructions: Match each of the following accounts to its proper balance sheet classification, shown below.
Current assets (CA) Current liabilities (CL) Long-term investments (LTI) Long-term liabilities (LTL) Property, plant, and equipment (PPE) Owners equity (OE) Intangible assets (IA)
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Management Audits For Excellence
Authors: Dorsey J. Talley
1st Edition
0873890396, 978-0873890397
