Question: Classify the following items as an asset (A), a liability (L), or stockholders' equity (S) for Target Corporation, a large retailer: Suppose you are analyzing

Classify the following items as an asset (A), a liability (L), or stockholders' equity (S) for Target Corporation, a large retailer: Suppose you are analyzing the financial statements of Corley, Inc. Identify each item with its appropriate financial statement, using the following abbreviations: income statement (I), Statement of retained eamings (R), Balance sheet (B), and Statement of cash flows (C). Three iterns appear on two financial stotements, and one item shows up on three statements. Identify each account or heading with the appropriate financial statement(s)

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