In the blank space beside each numbered balance sheet item, enter the
In the blank space beside each numbered balance sheet item, enter the letter of its balance sheet classification. If the item should not appear on the balance sheet, enter a Z in the blank.
A.Current assets
B.Long-term investments
C.Plant assets
D.Intangible assets
E.Current liabilities
F.Long-term liabilities
G.Equity
1. ____ Office equipment
2. ____Office supplies
3. ____Buildings
4. ____Store supplies
5. ____Accumulated depreciation —trucks
6. ____Land ( Used in Operation)
7. ____Repairs expenses
8. ____Cash
9. ____Current portion of long-term note payable
10. ____Long-term investment in stock
11. ____Depreciation expenses —Building
12.____Prepaid rent
13. ____Interest received
14. ____Taxes payable
15. ____Automobiles
16. ____Notes payable (Due in 3 years)
17.____Accounts payable
18.____Prepaid Insurance
19.____Owner, Capital
20.____Unearned services revenue