Chevron Corporation explores, produces, refines, markets, and supplies crude oil. natural jmn. and petroleum products in the
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Chevron Corporation explores, produces, refines, markets, and supplies crude oil. natural jmn. and petroleum products in the United States and 24 other countries. The following are accounts from a recent balance sheet of Chevron Corporation:
Required:
For each account, indicate how it normally should be categorized on a classified balance sheet. Use CA for current asset, NCA for noncurrent asset, CL for current liability, NCL for noncurrent liability, and SE for stockholders' equity. Also indicate whether the account normally has a debit or credit balance.
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