Select the balance sheet category where the items given would typically appear.

Question

Social Studies

Ruby Krause

3 December, 17:17

Select the balance sheet category where the items given would typically appear.

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Jarvis · Answer 1

These are the balance sheet category where the account typically appear:

Trademarks - - Intangible assets

Account Receivable - - Current assets

Land not currently used in operation - - long-term investments

Notes payable (due in three years) - - long term liabilities

Cash - - Current assets

Wages payable - - Current Liabilities

Store equipment - - Plant assets

Accounts payable - - Current liabilities