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
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


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  • CreatedJuly 08, 2015
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