Listed here are the assets of New England Sports Equipment Inc. Instructions In your working papers, indicate
Question:
Listed here are the assets of New England Sports Equipment Inc.
Instructions
In your working papers, indicate whether each asset listed is a current asset or a plant asset by placing a check mark in the correct column. The first account is completed as an example.
Transcribed Image Text:
Accounts Receivable Building Cash in Bank Change Fund Delivery Equipment Land Merchandise Inventory Office Equipment Office Furniture Petty Cash Fund Prepaid Insurance Store Equipment Supplies
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