The following accounts were taken from the financial statements of Tillman Company. Interest revenue Owners

Question:

The following accounts were taken from the financial statements of Tillman Company.

______ Interest revenue ______ Owner’s capital

______ Utilities payable ______ Accumulated depreciation

______ Accounts payable ______ Equipment

______ Supplies ______ Salaries and wages expense

______ Bonds payable ______ Investment in real estate

______ Trademarks ______ Unearned rent revenue

Match each of the accounts to its proper balance sheet classification, as shown below. If the item would not appear on a balance sheet, use “NA.”

Current assets (CA) Current liabilities (CL)

Long-term investments (LTI) Long-term liabilities (LTL)

Property, plant, and equipment (PPE) Owner’s equity (OE)

Intangible assets (IA)

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