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The following are a few of the accounts of Aim Delivery Corporation. Classify each as it would be reported on a balance sheet. Use
The following are a few of the accounts of Aim Delivery Corporation. Classify each as it would be reported on a balance sheet. Use the following codes: CA for current asset, NCA for noncurrent asset, CL for current liability, NCL for noncurrent liability and SE for stockholders' equity. 1. Salaries and Wages Payable 2. Accounts Payable 3. Accounts Receivable 4. Buildings 5. Cash 6. Common Stock 7. Land 8. Income Taxes Payable 9. Equipment 10. Notes Payable (due in six months) 11. Retained Earnings 12. Supplies
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