Question: Problem B - Balance Sheet and Income Statement Classifications. Specify, to the left of each account, the letter of the financial statement classification the account

 Problem B - Balance Sheet and Income Statement Classifications. Specify, to

Problem B - Balance Sheet and Income Statement Classifications. Specify, to the left of each account, the letter of the financial statement classification the account Account balances taken from the ledger of Morin Company on December 31, 2U10 wum.m. 1. Common Stock, $10 par 2. Loss on Disposal of Equipment 3. Buildings 4. Office Expense 5. Allowance for Doubtful Accounts 6. Notes Payable (Short Term) 7. Accum. Depreciation-Buildings 8. Mortgage Payable due 2020 9. Depletion Expense 16. Inventory 17. Salaries and Wages Expense 18. Merchandise on order with supplier 10. Freight-Out 19. Interest Revenue 11. Sales Revenue 20. Selling Expenses 12. Dividends 21. Interest Expense 22. Income Taxes Payable 23. Insurance Expense 24. Advertising Expense 25. Equity Investments 26. Accounts Receivable 13. Retained Earnings Dec. 31 . 2017 27. Land 28. Accounts Payable 29. Error made in computing 2016 14. Cash depreciation expense 15. Sales Discounts 30. Gain on Redemption of

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