Give the category, the classification, and the report(s) on which each of the following appears (e.g., Cashasset,

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Give the category, the classification, and the report(s) on which each of the following appears (e.g., Cash—asset, current asset, balance sheet):
a. Accrued Salaries
b. Accounts Payable
c.
Mortgage Payable
d. Unearned Legal Fees
e. Income Tax Payable
f. Office Equipment
g. Land Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
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College Accounting A Practical Approach

ISBN: 978-0132564441

11th Canadian Edition

Authors: Jeffrey Slater, Brian Zwicker

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