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 | D. | Intangible assets | F. | Long-term liabilities |
B. | Long-term investments
| E. | Current liabilities | G. | Equity |
C. | Plant assets | ||||
____1. | Office equipment | ____11. | Depreciation expense—Building |
____2. | Office supplies | ____12. | Prepaid rent |
____3. | Buildings | ____13. | Interest receivable |
____4. | Store supplies | ____14. | Taxes payable |
____5. | Accumulated depreciation—Trucks | ____15. | Automobiles |
____6. | Land (used in operations) | ____16. | Notes payable (due in 3 years) |
____7. | Repairs expense | ____17. | Accounts payable |
____8. | Cash | ____18. | Prepaid insurance |
____9. | Current portion of long-term note payable | ____19. | Common stock |
____10. | Long-term investment in stock | ____20. | Unearned services revenue |
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