Interest payable A long term liabilities B current liabilities C expense D stockholder's equity E current asset QUESTION 20 Salaries payable A long term liabilities B current liabilities C expense D intangible asset E stockholder's equity QUESTION 21 Current portion of long term debt A long term liabilities B current liabilities C expense D stockholder's equity E property, plant equipment QUESTION 22 Mortgage payable A long term liabilities B current liabilities C expense D long term asset E stockholder's equity QUESTION 23 Common Stock A long term liabilities B intangible asset C current asset D stockholder's equity E property, plant equipment QUESTION 24 Trademarks A current asset B intangible asset C property, plant equipment D revenue E long term investment QUESTION 25 Retained Earnings A current asset B property, plant equipment C intangible asset D revenue E stockholder's equity QUESTION 26 Accounts payable A current asset B property, plant equipment C intangible asset D revenue E current liability QUESTION 27 Income taxes payable A current asset B property, plant equipment C intangible asset D revenue E current liability QUESTION 28 Bonds payable A current asset B long term investments C property, plant equipment D intangible assets E expense F long term liability QUESTION 29 Treasury stock A current asset B long term investment C property, plant equipment D intangible asset E contra stockholder's equity QUESTION 30 Loss on sale of equipment A current asset B intangible asset C long term investment D property, plant equipment E not a balance sheet item QUESTION 31 Dividends payable A current asset B current liability C long term liability D stockholder's equity E long term investment

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Question: Interest payable A. long-term liabilities B. current liabilities C. expense D. stockholder's equity E. current asset QUESTION 20 Salaries payable A. long-term liabilities B. current

Interest payable

A.
long-term liabilities

B.
current liabilities

C.
expense

D.
stockholder's equity

E.
current asset

QUESTION 20

Salaries payable

A.
long-term liabilities

B.
current liabilities

C.
expense

D.
intangible asset

E.
stockholder's equity

QUESTION 21

Current portion of long-term debt

A.
long-term liabilities

B.
current liabilities

C.
expense

D.
stockholder's equity

E.
property, plant & equipment

QUESTION 22

Mortgage payable

A.
long-term liabilities

B.
current liabilities

C.
expense

D.
long-term asset

E.
stockholder's equity

QUESTION 23

Common Stock

A.
long-term liabilities

B.
intangible asset

C.
current asset

D.
stockholder's equity

E.
property, plant & equipment

QUESTION 24

Trademarks

A.
current asset

B.
intangible asset

C.
property, plant & equipment

D.
revenue

E.
long-term investment

QUESTION 25

Retained Earnings

A.
current asset

B.
property, plant & equipment

C.
intangible asset

D.
revenue

E.
stockholder's equity

QUESTION 26

Accounts payable

A.
current asset

B.
property, plant & equipment

C.
intangible asset

D.
revenue

E.
current liability

QUESTION 27

Income taxes payable

A.
current asset

B.
property, plant & equipment

C.
intangible asset

D.
revenue

E.
current liability

QUESTION 28

Bonds payable

A.
current asset

B.
long-term investments

C.
property, plant & equipment

D.
intangible assets

E.
expense

F.
long-term liability

QUESTION 29

Treasury stock

A.
current asset

B.
long-term investment

C.
property, plant & equipment

D.
intangible asset

E.
contra-stockholder's equity

QUESTION 30

Loss on sale of equipment

A.
current asset

B.
intangible asset

C.
long-term investment

D.
property, plant & equipment

E.
not a balance sheet item

QUESTION 31

Dividends payable

A.
current asset

B.
current liability

C.
long-term liability

D.
stockholder's equity

E.
long-term investment

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	A.	long-term liabilities
	B.	current liabilities
	C.	expense
	D.	stockholder's equity
	E.	current asset

	A.	long-term liabilities
	B.	intangible asset
	C.	current asset
	D.	stockholder's equity
	E.	property, plant & equipment

	A.	current asset
	B.	long-term investments
	C.	property, plant & equipment
	D.	intangible assets
	E.	expense
	F.	long-term liability

	A.	current asset
	B.	long-term investment
	C.	property, plant & equipment
	D.	intangible asset
	E.	contra-stockholder's equity

	A.	current asset
	B.	current liability
	C.	long-term liability
	D.	stockholder's equity
	E.	long-term investment