A. Indicate the financial statement where the following accounts/statement will be presented. Use the given letter: AA – Statement of Financial Position BB – Statement of Financial Operations CC - Statement of Cash Flow DD - Statement of Changes in Equity _1. Cash surrender value of life insurance _6. Share Premium _2. Appropriated Retained Earnings _7. Deferred tax liability _3. Cash provided by operations _8. Gross Revenue _4. Cash repayments of the amounts borrowed _9. Taxes and licenses _5. Sinking fund 10. Deferred revenue
A. Indicate the financial statement where the following accounts/statement will be presented. Use the given letter: AA – Statement of Financial Position BB – Statement of Financial Operations CC - Statement of Cash Flow DD - Statement of Changes in Equity _1. Cash surrender value of life insurance _6. Share Premium _2. Appropriated Retained Earnings _7. Deferred tax liability _3. Cash provided by operations _8. Gross Revenue _4. Cash repayments of the amounts borrowed _9. Taxes and licenses _5. Sinking fund 10. Deferred revenue
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter10: Long-term Liabilities
Section: Chapter Questions
Problem 10.12E
Related questions
Question
Accountancy
![A. Indicate the financial statement where the following accounts/statement will be
presented. Use the given letter:
AA - Statement of Financial Position
BB – Statement of Financial Operations
CC - Statement of Cash Flow
DD - Statement of Changes in Equity
_1. Cash surrender value of life insurance
_6. Share Premium
_2. Appropriated Retained Earnings
7. Deferred tax liability
3. Cash provided by operations
8. Gross Revenue
_4. Cash repayments of the amounts borrowed
9. Taxes and licenses
5. Sinking fund
10. Deferred revenue](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fecba3675-d77a-49b8-825b-0cf1786e97c6%2F22a29263-4129-4f6c-8fc9-6fa25febc063%2F2fu2vjn_processed.png&w=3840&q=75)
Transcribed Image Text:A. Indicate the financial statement where the following accounts/statement will be
presented. Use the given letter:
AA - Statement of Financial Position
BB – Statement of Financial Operations
CC - Statement of Cash Flow
DD - Statement of Changes in Equity
_1. Cash surrender value of life insurance
_6. Share Premium
_2. Appropriated Retained Earnings
7. Deferred tax liability
3. Cash provided by operations
8. Gross Revenue
_4. Cash repayments of the amounts borrowed
9. Taxes and licenses
5. Sinking fund
10. Deferred revenue
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