
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535 Exercise 57
Asset, liability, and stockholders' equity items
Indicate whether each of the following is identified with (1) an asset, (2) a liability, or (3) stockholders' equity:
A. accounts payable
B. cash
C. fees earned
D. land
E. supplies
F. wages expense
Indicate whether each of the following is identified with (1) an asset, (2) a liability, or (3) stockholders' equity:
A. accounts payable
B. cash
C. fees earned
D. land
E. supplies
F. wages expense
Explanation
a. Accounts payable -: It is a Liability...
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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