Question: Current Attempt in Progress You are presented with the following alphabetical list of selected items from the financial statements of Reitmans (Canada) Limited: Accumulated depreciation

Current Attempt in Progress You are presented with the following alphabetical list of selected items from the financial statements of Reitmans (Canada) Limited: Accumulated depreciation Administrative expenses Buildings Common shares, beginning of year Income tax expense Income taxes recoverable Inventories Prepaid expenses Cost of goods sold Retained earnings, beginning of year Sales Dividends declared Finance income Goodwill Trade and other payables Trade and other receivables For each of the above accounts, identify the following 1b-c) For each of the above accounts, indicate on which financial statement (statement of income statement of changes in equity, or statement of financial position the company would report the account, and for the accounts reported on the statement of financial position, indicate the appropriate classification (current assets, non-current assets, current liabilities, non-current liabilities, shareholders' equity or not applicable) Account (b) Financial Statement (c) Classification Accumulated depreciation Cost of goods sold V > Dividends declared V V Finance Income V
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