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Question 47 40 pts PROBLEM 2(40 Points The following items are listed alphabetically. Use the bolded abbreviations for your answers. Use Column 1 to indicate whether the item is found on the Balance Sheet (BS) or Income Statement (IS) For Balance Sheet items, use Column 2 to indicate the following: CA Current Asset, NCA Non Current Asset, PPE- Property, Plant & Equipment, IA-Intangible Asset CL Current Liability, NCL-Non Current Liability, or SE- Stockholders Equity. Use Column 3 to indicate whether the item has a Debit balance (DR) or a Credit balance (CR). Item Column 1 Column 2 Column 3 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Additional Paid-in Capital Allowance for Uncollectible Accounts Bad Debt Expense Bond Discount Bonds Payable MacBook Air F3 F5 F7 F8 F9
Building Cash Common Stock Cost of Goods Sold Current Portion of Long Term Debt Depreciation Expense Dividends Payable Franchise Gain on Sale of Equipment Goodwill Gross Profit Income Tax Expense Insurance Expense Interest Expense Interest Payable Inventoryy Land Lease Liability Notes Payable, due in 3 years Office Equipment Patent Preferred Stock Prepaid Insurance Rent Expense Retained Earnings Salaries Expense Sales Sales Tax Payable
Inventory Land Lease Liability Notes Payable, due in 3 years Office Equipment Patent Preferred Stock Prepaid Insurance Rent Expense Retained Earnings Salaries Expense Sales Sales Tax Payable Service Revenue Short Term Investments Treasury Stock Unearned Revenue Upload Choose a File
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