Listed below are balance sheet accounts for Elfs Gift Shop. Mark current accounts with C and noncurrent

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Listed below are balance sheet accounts for Elf’s Gift Shop. Mark current accounts with “C” and noncurrent accounts with “NC.”

(a) Long-term debt.

(b) Inventories.

(c) Accounts payable.

(d) Prepaid expenses.

(e) Equipment.

(f) Accrued liabilities.

 (g) Accounts receivable.

(h) Cash.

(i) Bonds payable.

 (j) Patents.

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Related Book For  book-img-for-question

Understanding Financial Statements

ISBN: 9780138114404

12th Edition

Authors: Lyn Fraser, Aileen Ormiston

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