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Match the Following Balance Sheet Classifications with the Accounts Listed

Question 84

Matching

Match the following balance sheet classifications with the accounts listed below.

Premises:
Inventory
Note Payable due in 60 days
Premium on Bonds Payable
Discount on Note Payable (note due in 5 years)
Land
Dividend Payable
Bonds Payable
Accumulated Depreciation
Paid-in-Capital from Treasury Stock
Trading Securities
Copyright
Accounts Receivable
Paid-in-Capital in Excess of Par
Accounts Payable
Cash
Interest Expense
Foreign Currency Translations
Available-for-Sale Securities
Unrealized Gains on Investments
Equipment
Responses:
Contributed Capital
Investments
Current Assets
Property Plant and Equipment
Retained Earnings
Long-Term Liabilities
Accumulated Comprehensive Income
Does not appear on the Balance Sheet
Intangible Assets
Current Liabilities

Correct Answer:

Inventory
Note Payable due in 60 days
Premium on Bonds Payable
Discount on Note Payable (note due in 5 years)
Land
Dividend Payable
Bonds Payable
Accumulated Depreciation
Paid-in-Capital from Treasury Stock
Trading Securities
Copyright
Accounts Receivable
Paid-in-Capital in Excess of Par
Accounts Payable
Cash
Interest Expense
Foreign Currency Translations
Available-for-Sale Securities
Unrealized Gains on Investments
Equipment
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