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B-04.08 Problem - Payable(due 3 months Accumulated...

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B-04.08 Note in Liz Ross Corporation prepares a classified balance sheet that includes the following traditional sections: Current Assets Long-term Investments Property, Plant & Equipment Intangibles Other Assets Current Liabilities Long-term Liabilities Stockholders' Equity In which section of the classified balance sheet would the following accounts appear? Some of the accounts may not appear in the balance sheet. Note Payable (due in 3 months)
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Unformatted text preview: Payable (due 3 months) Accumulated Depreciation Investment in Government Bonds Accounts Receivable Accounts Payable Long-term Receivable From Employee Dividends Capital Stock Patent Supplies Retained Earnings (ending) Rent Expense Unearned Revenues Income Summary Equipment Revenues Prepaid Rent Interest Payable Retained Earnings (beginning) Loan Payable (due in 5 years)...
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