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99 use the abbreviations below to classify the following balance sheet items ca curr 4297858

 

99. Use the abbreviations below to classify the following balance sheet items.
 

CA

– Current assets

NA

– Noncurrent assets

CL

– Current liabilities

NL

– Noncurrent liabilities

SE

– Shareholders' equity

X

– Item generally not appearing on a balance sheet

 

 

 

Balance Sheet Items
Example Corporation, Inc.
January 1, Year 1

a.

__________

Accounts payable

b.

__________

Accounts receivable

c.

__________

Bank loan payable, due April 5, Year 2

d.

__________

Bonds payable, due Year 17

e.

__________

Building, net of accumulated depreciation

f.

__________

Supplies inventory

g.

__________

Commissions paid to sales staff

h.

__________

Common stock

i.

__________

Equipment, net of accumulated depreciation

j.

__________

Income taxes expense

k.

__________

Land

l.

__________

Merchandise inventory

m.

__________

Note payable, due in March, Year 1

n.

__________

Note receivable, due June 1, Year 2

o.

__________

Note receivable, due December 2, Year 10

p.

__________

Retained earnings

q.

__________

Salaries expense

 

 

 

 

 

 

 

 

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