Classify the following balance sheet items as current or noncurrent: Retained earnings........................................................................................Bonds payable Accounts payable..........................................................................Accrued wages payable

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Classify the following balance sheet items as current or noncurrent:

Retained earnings........................................................................................Bonds payable

Accounts payable..........................................................................Accrued wages payable

Prepaid expenses................................................................................Accounts receivable

Plant and equipment.....................................................................Capital in excess of par

Inventory......................................................................................................Preferred stock

Common stock..................................................................................Marketable securities

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Foundations Of Financial Management

ISBN: 9781260013917

17th Edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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