The following financial statement items were taken from the financial statements of de Vries Corp. ____ Trademarks

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The following financial statement items were taken from the financial statements of de Vries Corp.
____ Trademarks ____ Inventories
____ Current maturities of long-term debt ____ Accumulated depreciation
____ Interest revenue ____ Land improvements
____ Taxes payable ____ Common stock
____ Long-term marketable debt securities ____ Advertising expense
____ Unearned consulting fees ____ Mortgage note payable due in 3 years
Match each of the financial statement items to its proper balance sheet classification. If the item would not appear on a balance sheet, use “NA.”

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Financial Accounting Tools for Business Decision Making

ISBN: 978-0470239803

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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