For each of the following accounts, determine its classification on the balance sheet using the following classifications. Use OOE for other owners’ equity items that are not contributed capital or retained earnings. Put the letters in the spaces provided.
CA Current assets
LTL Long- term liabilities
INV Investments
OL Other liabilities
PPE Property, plant, and equipment
CC Contributed capital
INT Intangibles
RE Retained earnings
OA Other assets
OOE Other owners’ equity
CL Current liabilities
________ 1. Accumulated Depletion
________ 2. Allowance for Uncollectible Accounts
________ 3. Bonds Payable Due Next Year
________ 4. Common Stock Dividend Distributable
________ 5. Deferred Income Tax Payable
________ 6. Discount on Bonds Payable
________ 7. Goodwill
________ 8. Land Held for Expansion
________ 9. Mining Property
________ 10. Mortgage Payable

  • CreatedMarch 25, 2015
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