Solved

Match the Following Financial Statement Classifications with the Accounts Listed

Question 81

Matching

Match the following financial statement classifications with the accounts listed below:

Premises:
Oil Rights
Accumulated Depreciation
Depreciation Expense
Equipment
Franchise
Common Stock of Microsoft
Patent
Land - held for speculation
Responses:
Natural Resources
Investments
Intangible Assets
Property Plant and Equipment
Income Statement

Correct Answer:

Oil Rights
Accumulated Depreciation
Depreciation Expense
Equipment
Franchise
Common Stock of Microsoft
Patent
Land - held for speculation
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