Question: A) Classify in the appropriate statement: Income Statement (IS) or Balance Sheet (BS). B) Indicates the type of account that is active current (AC) current

A) Classify in the appropriate statement: Income Statement (IS) or Balance Sheet (BS). B) Indicates the type of account that is active current (AC) current liabilities (PC), spending (G), fixed assets (AF), long-term debt (DLP), income (I) or shareholders' equity (PA). (27 points)

A) Classify in the appropriate statement: Income Statement (IS) or Balance Sheet

(BS). B) Indicates the type of account that is active current (AC)

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