The following are categories of accounts reported in the financial statements:

A. Current Assets

B. Fixed Assets

C. Intangible Assets

D. Current Liabilities

E. Long-Term Liabilities

F. Stockholders’ Equity

G. Revenue

H. Expense

Indicate where each of the following accounts would be reported (classified) in the financial statement categories noted above (categories may be used more than once or not at all). Identify only one category for each account listed below.

_______Retained Earnings

_______Cash

_______Accounts Payable

_______Wages Expense

________Accounts Receivable

________Machinery & Equipment

________Subscription Revenue

________Notes Payable, Long-term

Answer rating: 100% (QA)

Category Retained earnings Stockholders Equity Cash C... View the full answer