Question: Match the following for classification in the balance sheet. Classification in the Balance Sheet Account Classification (a) Investment in preferred stock (b) Treasury stock (c)

Match the following for classification in the balance sheet.

Classification in the Balance Sheet Account Classification (a) Investment in preferred stock (b) Treasury stock (c) Common stock (d) Cash dividends payable (e) Accumulated depreciation (1) Interest payable (g) Deficit (h) Trading securities (i) Unearned revenue (a) Current asset/Investment (b) Stockholders' Equity (c) Stockholders' Equity (d) Current liability (e) Contra-asset (1 Current liability (g) Stockholders' Equity h) Current asset (1) Current liability LO 2 5-50

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