Question

A company reports the following accounts on its classified balance sheet:
Additional paid in capital ...... Accounts receivable
Land .............. Bonds payable, due in 10 years
Treasury stock ........... Copyrights
Income taxes payable ....... Dividends payable
Long term investments ....... Notes payable, due in 20 months
Required
Identify each account as a Current asset, Long term investment, Fixed asset, Intangible asset, Other asset, Current liability, Longterm liability, Contributed capital, or Retained earnings.


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  • CreatedJuly 16, 2015
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