Question

For Fielder Enterprises, indicate how each of the following usually should be classified. If an item should appear in a note to the financial statements, select “Note to Financial Statement” to indicate this fact. If an item needs to be reported on the balance sheet, select "Balance Sheet" and if an item need not be reported at all, select “Not to be Reported.”

Need help with number #2-5, 16, 19

1. Prepaid insurance. Balance Sheet Current Assets 2. Stock owned in affiliated companies Balance Sheet x Capital Stock 3. Unearned service revenue. Balance Sheet x Current Assets 4. Advances to suppliers. Balance Sheet Investments 5. Unearned rent revenue. T Balance Sheet Intangible Assets . 6. Preferred stock. Balance Sheet Capital Stock 7. Additional paid-in capital on preferred stock. Text Balance Sheet Paid-in Capital in Excess of Par 8. Copyrights. Balance Sheet Intangible Assets 9. Petty cash fund. Current Assets 10. Sales taxes payable. Balance Sheet M Balance Sheet M T Balance Sheet Current Liabilities 11. Accrued interest on notes receivable. Current Assets 12. Balance Sheet Twenty-year issue of bonds payable that will mature within the next year. (No sinking fund exists, and refunding is not planned.) Machinery retired from use and held for sale. Current Liabilities 13. Balance Sheet Current Assets 14. Fully depreciated machine still in use. Balance Sheet Property, Plant, and Equipment 15. Accrued interest on bonds payable. Balance Sheet Current Liabilities 16. Salaries that company budget shows will be paid to employees within the next year. Discount on bonds payable. (Assume related to bonds payable in item 12.) Not to be Reported wwwwwwwww mm Not to be Reported 17. Balance Sheet Current Liabilities 18. Accumulated Depreciation-Buildings. Balance Sheet Property, Plant, and Equipment 19. Shares held by noncontrolling stockholders. Not to be Reported Not to be Reported

Answer 1

Can you please give drop down box option available for No.16. Please comment so that i can reply 2 Stock owned in affiliate companies 3 Unearned service revenue 4 Advance to suppliers 5 Unearned to rent revenue Salaries that company budget shows will be paid to employees within the next year 19 shares held by non controlling stockholders Balance Sheet Balance Sheet Balance Sheet Balance Sheet Drop down option needed Balance Sheet Investments Current Liabilities Current Assets Current Liabilities 16 Not to be reported Minority interest drop down option needed if Stockholders' Minority interest is part of stockholders' equity