Question: The following accounts appear in an adjusted trial balance of Pilot Consulting. Indicate whether each account would be reported in the (a) Current asset: (b)

The following accounts appear in an adjusted trial balance of Pilot Consulting. Indicate whether each account would be reported in the
(a) Current asset:
(b) Property, plant, and equipment;
(c) Current liability;
(d) Long-term liability; or
(e) Stockholders’ equity section of the December 31, 2011, of Pilot Consulting.
1. Building
2. Salaries Payable
3. Notes Payable (due in 2017)
4. Prepaid Rent
5. Salaries Payable
6. Supplies
7. Taxes Payable
8. Unearned Services Fees

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