Below are the titles of a number of debit and credit accounts as they might appear on the statement of financial position of Hayduke ASA as of October 31, 2022. Select the Current Asset, Current Liability, Borderline, and Not a Current Item from among these debit and credit accounts. Debit Interest Accrued on Government Securities Notes Receivable Petty Cash Fund Government Securities Treasury Shares Current Asset Current Liability Borderline Not a Current Item Credit Share Capital-Preference 6% First Mortgage Bonds, due in 2029 Preference Dividend, payable Nov. 1,2022 Allowance for Doubtful Accounts Customers' Advances (on contracts to be completed next year)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Cash in Bank
Land
Inventory of Operating Parts and
Supplies
Inventory of Raw Materials
Patents
Cash and Government Bonds Set
Aside for Property Additions
Investment in Subsidiary
Accounts Receivable:
Accounts Receivable:
Government Contracts
Regular
Goodwill
Inventory of Finished Goods
Inventory of Work in Process
Deficit
Current Asset
Current Liability
Borderline
Not a Current Item
year)
Provision for Warranties
Officers' 2022 Bonus Accrued
Accrued Payroll
Notes Payable
Accrued Interest on Bonds
Accumulated Depreciation
Accounts Payable
Share Premium-Preference
Share Premium-Preference
Accrued Interest on Notes Payable
6.5% First Mortgage Bonds, due in
2022 out of current assets
Non-Controlling Interest
Accumulated Other
Comprehensive Income (loss)
Income Taxes Payable
Transcribed Image Text:Cash in Bank Land Inventory of Operating Parts and Supplies Inventory of Raw Materials Patents Cash and Government Bonds Set Aside for Property Additions Investment in Subsidiary Accounts Receivable: Accounts Receivable: Government Contracts Regular Goodwill Inventory of Finished Goods Inventory of Work in Process Deficit Current Asset Current Liability Borderline Not a Current Item year) Provision for Warranties Officers' 2022 Bonus Accrued Accrued Payroll Notes Payable Accrued Interest on Bonds Accumulated Depreciation Accounts Payable Share Premium-Preference Share Premium-Preference Accrued Interest on Notes Payable 6.5% First Mortgage Bonds, due in 2022 out of current assets Non-Controlling Interest Accumulated Other Comprehensive Income (loss) Income Taxes Payable
Below are the titles of a number of debit and credit accounts as they might appear on the statement of financial position of Hayduke
ASA as of October 31, 2022. Select the Current Asset, Current Liability, Borderline, and Not a Current Item from among these debit
and credit accounts.
Debit
Interest Accrued on Government
Securities
Notes Receivable
Petty Cash Fund
Government Securities
Treasury Shares
Current Asset
Current Liability
Borderline
Not a Current Item
Credit
Share Capital-Preference
6% First Mortgage Bonds, due in
2029
Preference Dividend, payable Nov.
1,2022
Allowance for Doubtful Accounts
Customers' Advances (on
contracts to be completed next
year)
Transcribed Image Text:Below are the titles of a number of debit and credit accounts as they might appear on the statement of financial position of Hayduke ASA as of October 31, 2022. Select the Current Asset, Current Liability, Borderline, and Not a Current Item from among these debit and credit accounts. Debit Interest Accrued on Government Securities Notes Receivable Petty Cash Fund Government Securities Treasury Shares Current Asset Current Liability Borderline Not a Current Item Credit Share Capital-Preference 6% First Mortgage Bonds, due in 2029 Preference Dividend, payable Nov. 1,2022 Allowance for Doubtful Accounts Customers' Advances (on contracts to be completed next year)
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