from the dropdown box beside Question 1 (of 7) 20.00 points From the dropdown bo
ID: 2554189 • Letter: F
Question
from the dropdown box beside Question 1 (of 7) 20.00 points From the dropdown box beside numbered statement of financial position item, select the letter of its statement of financial position classification. If the item should not appear on the statement of financial position, choose the letter Z from the selection choices. A. Current assets B. Noncurrent assets C. Current liabilities D. Noncurrent liabilities E. Equity Statement of Financial Position I 11. Depreciation expe Explanation nation (Click to select) (Click to select) Click to select) (Click to select) (Click to select) uilding 1. Office equipment 2. Office supplies 4. Store supplies 5. Accumulated depreciation-Trucks 6. Land (used in operations) 7. Repairs expense 8. Cash 9. Current portion of long-term note payable (Click to select) (Click to select)12. Prepaid rent (Click to select) 13. Interest receivable (Click to select)14. Tax payable (Click to select) 15. Automobiles (Click to select) (Click to select) 17. Accounts payable (Click to select)18. Prepaid insurance 16. Notes payable (due in 3 years) (Click to select) Click to select) (Click to select) Click to select) (Click to select) 19. Owner, Capital ares Click to select) 20. Unearned services re ReferencesExplanation / Answer
Answer:
1.B.Non Current Assets
2.A.Current Assets
3.B.Non Current Assets
4.A.Current Assets
5.B.Non Current Assets
6.B.Non Current Assets
7.E.Equity
8.A.Current Assets
9.C.Current Liabilities
10.B.Non Current Assets
11.E.Equity
12.A.Current Assets
13.A.Current Assets
14.C.Current Liabilities
15.B.Non Current Assets
16.D.Non Current Liabilities
17.C.Current Liabilities
18.A.Current Assets
19.E.Equity
20.C.Current Liabilities
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