Question

Identify each of the following items relating to sections of a balance sheet as Current Assets (CA), Property and Equipment (PE), Current Liabilities (CL), Long-Term Liabilities (LTL), or Owner’s Equity (OE).
a. Accounts Receivable
b. Building
c. Wages Payable
d. Prepaid Property Taxes
e. Mortgage Payable (current)
f. Supplies
g. Mortgage Payable (due in 3 years)
h. Unearned Fees
i D. Marlor, Capital
j. Notes Payable (due in 3 months)



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  • CreatedOctober 21, 2014
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