Indicate (by letter) the way each of the items listed below should be reported in a balance

Question:

Indicate (by letter) the way each of the items listed below should be reported in a balance sheet at December 31, 2011.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...