Question

The following accounts appear in an adjusted trial balance of Hampshire Consulting.
Indicate whether each account would be reported in the
(a) Current asset;
(b) Property, plant, and equipment;
(c) Current liability;
(d) Long-term liability;
(e) Stockholders' equity section of the December 31, 2013, balance sheet of Hampshire Consulting.
1. Building
2. Capital Stock
3. Notes Payable (due in 2020)
4. Prepaid Rent
5. Salaries Payable
6. Supplies
7. Taxes Payable
8. Unearned Service Fees



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  • CreatedFebruary 28, 2014
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