The following lettered items represent a classification scheme The following lettered items represent a classification scheme for a statement of financial position and the numbered items represent accounts found on balance sheets. In the blank next to each account, write the letter indicating to which category it belongs. A. Intangible assets E. Equity B. Property, plant, and equipment F. Non-current liabilities C. Long-term investments G. Current liabilities D. Current assets H. Not on the statement of financial position _____ 1. Accumulated Depreciation _____ 6. Merchandise inventory _____ 2. Retained Earnings _____ 7. Patent _____ 3. Interest Expense _____ 8. Prepaid Insurance _____ 4. Income Tax Payable _____ 9. Mortgage Payable _____ 5. Dividends _____ 10. Investment in long-term bonds Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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