Please each item with its appropriate classification. You may use an item from the list more than once. Patent Retained Earnings Inventory Cash Cost of Goods Sold Current Portion of Long-Term Debt [Choose ] [Choose ] [Choose] [Choose ] [Choose ] [Choose ] <> <> <> <> ( ()
Please each item with its appropriate classification. You may use an item from the list more than once. Patent Retained Earnings Inventory Cash Cost of Goods Sold Current Portion of Long-Term Debt [Choose ] [Choose ] [Choose] [Choose ] [Choose ] [Choose ] <> <> <> <> ( ()
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
match each item with one of the 6 classifications listed below:
Transcribed Image Text:Current Asset
Long-Term Asset
Income Statement
Owners' Equity
Current Liability
Long-Term Liability
![Please each item with its appropriate
classification. You may use an item from the list
more than once.
Patent
Retained Earnings
Inventory
Cash
Cost of Goods Sold
Current Portion of
Long-Term Debt
[Choose ]
[Choose ]
[Choose ]
[Choose ]
[Choose ]
[Choose ]
✪
<>
<>
<>
✪
<>](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F84bf7e00-816f-4f6a-ad58-b183b14716de%2Fabd74dbe-952f-40fc-920a-e982eae53732%2F75ajuqr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Please each item with its appropriate
classification. You may use an item from the list
more than once.
Patent
Retained Earnings
Inventory
Cash
Cost of Goods Sold
Current Portion of
Long-Term Debt
[Choose ]
[Choose ]
[Choose ]
[Choose ]
[Choose ]
[Choose ]
✪
<>
<>
<>
✪
<>
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