Question

Account classifications include assets, liabilities, stockholders’ equity, dividends, revenues, and expenses.


Required:
For each transaction, indicate whether the related account would be classified as an (a) asset, (b) liability, or (c) stockholders’ equity to be reported in the balance sheet; a (d) revenue or (e) expense to be reported in the income statement; or an (f) dividend to be reported in the statement of stockholders’equity.


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  • CreatedJuly 15, 2014
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