Match each of the financial statement items to its proper balance sheet classification. If the item would not appear on a balance sheet, use "Not Applicable." select a proper balance sheet classification Trademarks select a proper balance sheet classification Notes payable (current) select a proper balance sheet classification Interest revenue select a proper balance sheet classification Income taxes payable select a proper balance sheet classification Debt investments (long-term) select a proper balance sheet classification Unearned sales revenue select a proper balance sheet classification Inventory select a proper balance sheet classification Accumulated depreciation select a proper balance sheet classification Land select a proper balance sheet classification Common stock select a proper balance sheet classification Advertising expense select a proper balance sheet classification Mortgage payable (due in 3 years)

Question

Gilda

Business

2 October, 01:28

Match each of the financial statement items to its proper balance sheet classification. If the item would not appear on a balance sheet, use "Not Applicable." select a proper balance sheet classification Trademarks select a proper balance sheet classification Notes payable (current) select a proper balance sheet classification Interest revenue select a proper balance sheet classification Income taxes payable select a proper balance sheet classification Debt investments (long-term) select a proper balance sheet classification Unearned sales revenue select a proper balance sheet classification Inventory select a proper balance sheet classification Accumulated depreciation select a proper balance sheet classification Land select a proper balance sheet classification Common stock select a proper balance sheet classification Advertising expense select a proper balance sheet classification Mortgage payable (due in 3 years)

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Adrianna Pitts · Answer 1

The list is as follows:

Trademarks - Intangible Assets

Notes Payable (Current) - Current Liabilities

Interest Revenue - Not Applicable

Income Taxes Payable - Current Liabilities

Debt Investments (Long Term) - Long Term Investments

Unearned Sales Revenue - Current Liabilities

Inventory - Current Assets

Accumulated Depreciation - Property, Plant & Equipment

Land - Property, Plant & Equipment

Common Stock - Stockholders' Equity

Advertising Expense - Not Applicable

Mortgage Payable (due in 3 years) - Long Term Liabilities