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The Long Run Golf - operating activity Accounts payable and...

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The Long Run Golf & Country Club details the following accounts in its financial statements. (a.) Classify each of the accounts below as an: asset, liability, stockholders' equity, revenue, or expense item. (b.) Classify each of the accounts below as a: financing activity, investing activity, or
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Unformatted text preview: operating activity. Accounts payable and accrued liabilities Accounts receivable Property, plant, and equipment Food and beverage operations revenue Golf course operations revenue Inventory Long-term debt Office and general expense Professional fees expense Wages and benefits expense...
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