Accounting - Accounting 21:23 ALLASSIGNMENTSDUEONFRIDAY!

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Accounting  21:23 ALL ASSIGNMENTS DUE ON FRIDAY! You have 3 attempts and one hr
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21:23 Common types of current assets are  (1) cash (2) short-term investments (such as short-term U.S. government securities) (3) receivables (notes receivable, accounts receivable, and interest receivable) (4) inventories (5) prepaid expenses (insurance and supplies) Long-term investments  are generally:  (1) investments in stocks and bonds of other corporations that are held for more  than one year (2) long-term assets such as land or buildings that a company is not currently  using in its operating activities Intaganble Asssets Patents Copyright
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21:23 Assets = Liability + Stock Holders Equity(must balance both sides) 1. Issued common sock to investors in exchange for cash received from investors Cash is an asset (inc cash, inc common stock) 2. Received cash from customers when service was provided
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Accounting - Accounting 21:23 ALLASSIGNMENTSDUEONFRIDAY!

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