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Selected Answers to Homework For Chapter 2

Selected Answers to Homework For Chapter 2 - SELECTED...

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SELECTED ANSWERS TO CHAPTER 2 HW ASSIGNMENT BRIEF EXERCISE 2-1 CL Accounts payable CL Income tax payable CA Accounts receivable LTI Investment in long- term bonds PPE Accumulated depreciation PPE Land PPE Building CA Merchandise inventory CA Cash IA Patent IA Goodwill CA Supplies
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BRIEF EXERCISE 2-9 (a) Relevant. (b) Reliability. (c) Consistency. EXERCISE 2-1 CL Accounts payable and CL Income taxes payable accrued liabilities CA Inventories CA Accounts receivable LTI Investments PPE Accumulated depreciation PPE Land PPE Buildings LTL Long-term debt CA Cash and short-term investments Dividends payable Goodwill CA Materials and supplies CL IA PPE Office equipment and furniture CA Prepaid expenses EXERCISE 2-2 CA Prepaid expenses LTI Land held for future use PPE Machinery and equipment IA Patents IA Trademarks LTL Bonds payable CL Dividends payable SE Common stock CL Taxes payable PPE Accumulated depreciation SE Retained earnings CL Unearned revenue CA Accounts receivable CA Inventory
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EXERCISE 2-5
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