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Liabilities are classified on the balance sheet as current or?

a. unearned

b. accrued.

c. deferred.

d. long term.

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Egie Boy Cauba
Egie Boy CaubaLv5
23 Jan 2021
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Related questions

Liabilities are classified on the balance sheet as current or

a. deferred.

b. unearned.

c. long-term.

d. accrued.

 

Liabilities are generally classified on a balance sheet as:

a. small liabilities and large liabilities.

b. present liabilities and future liabilities.

c. tangible liabilities and intangible liabilities.

d. current liabilities and long-term liabilities. 

In the blank next to each account, write the letter indicatingto which category of the Classified Balance Sheet it wouldbelong.

A. Current Assets E. Current Liabilities

B. Long-Term Investments F. Long-Term Liabilities

C. Property, Plant, and Equipment G. Stockholders’ Equity

D. Intangible Assets H. Not on the Balance Sheet

Accumulated Depreciation

Common Stock

Building (used in operations)

Salaries Payable

Land (not used in operations)

Inventory

Unearned Revenue

Depreciation Expense

Dividends

Patents

Prepaid Rent

Mortgage Payable (due 2020)

Salaries Expense

Short-Term Debt investment

Income Tax Payable

Goodwill

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