Question

Identify the section of the balance sheet in which the following accounts would be located: Current Assets (CA), Long-Term Assets (LTA), Current Liabilities (CL), or Long-Term Liabilities (LTL).
_____ 1. Bonds Payable (due in 4 years)
_____ 2. Interest Payable
_____3. Leased Equipment
_____4. Discount on Bonds Payable
____ 5. Accumulated Depreciation on Leased Equipment
_____6. Lease Payable (due in four years)
_____7. Mortgage Notes Payable (due in 10 years)



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  • CreatedApril 29, 2014
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