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Unformatted text preview: 13. Identify each of the following as a balance sheet item or an income statement item: a. liabilities ___________________ b. cost of goods sold ___________________ c. accounts payable ___________________ d. taxes ___________________ e. cash ___________________ f. accounts receivable ___________________ g. sales ___________________ h. net income ___________________ i. stockholders equity ___________________ j. current assets ___________________ 14. Identify each of the following as an asset or a liability a. Inventory ___________________ b. Plant and equipment ____________________ c. Notes payable _______________________ d. Cash ________________________ e. Accounts payable __________________ f. Accounts receivable _____________________...
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This note was uploaded on 04/06/2012 for the course FIN 3014 taught by Professor Dalhquist during the Spring '12 term at University of Texas at Austin.
- Spring '12