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E5.2 (LO 3) (Classification of Statement of Financial Position Accounts) The classifications on Chesapeake Limited's statement of financial position are as follows: 1. Current assets
E5.2 (LO 3) (Classification of Statement of Financial Position Accounts) The classifications on Chesapeake Limited's statement of financial position are as follows: 1. Current assets 2. Long-term investments 3. Property, plant, and equipment 4. Intangible assets 5. Other assets 6. Current liabilities 7. Long-term debt 8. Capital shares 9. Contributed surplus 10. Retained earnings 11. Accumulated other comprehensive income ect proble ~ CHAPTER 1 X M ebook intermediat X Cover Page X Operations Manag te%20Accounting,%20Volume%201.12th%20Canadian%20Edition%20.pdf Instructions 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 Improvemerfts 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) 1. Notes Payable (due next year) m. Supplies n. Mortgage Payable (principal portion due beyond next year) o. Land (for use) p. Bond Sinking Fund Investment 4. Inventory r. Prepaid Insurance 8. Bonds Payable (maturing next year) t. Income Tax Payable u. Unrealized Gain or Loss-OCI v. Deficit E5-3 (LO 3) (Classification of Statement of Financial Position Ch 4 select proble...pdf - le...pdf A 0 9 R R A Pa
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