Solved

Identify Each of the Following Items Relating to Sections of a Balance

Question 108

Matching

Identify each of the following items relating to sections of a balance sheet as:

Premises:
Unearned Fees
Supplies
Building
Mortgage Payable (due in 5 years)
Wages Payable
Accounts Receivable
Land
Prepaid Insurance
Current portion Mortgage Payable
P. Adams, Capital
Responses:
Current Assets
Property and Equipment
Current Liabilities
Long-Term Liabilities
Owner's Equity

Correct Answer:

Unearned Fees
Supplies
Building
Mortgage Payable (due in 5 years)
Wages Payable
Accounts Receivable
Land
Prepaid Insurance
Current portion Mortgage Payable
P. Adams, Capital
Related Questions

Q98: The adjusting entry for supplies on hand

Q99: Selected account balances of Rich and

Q100: Identify each of the following items relating

Q101: Match the terms below with the correct

Q102: Match the terms below with the correct

Q103: Match the terms below with the correct

Q104: Match the terms below with the correct

Q105: Match the terms below with the correct

Q106: Match the terms below with the correct

Q107: Match the correct definitions below with the

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents