Question: 6 the following accounts were taken from the financial statements of AK Company. 1. interest Revenue 7. Сapital utility payable Accumulated deprecation 2. 8. account payable 9. 3. Machinery _supplies Expenses 10. Salary 4. bonds Payable Investment in real estate 5. 11. 6. _Trade Marks 12. Unearned Rent Instructions: match each of the account to its proper balance sheet classification, as shown below. If the item would not appear on balance sheet, use "NA" Current asset (CA) , Current Liability (CL), property, plant, and equipment (PPE), long term liability (LTL), long term Investment (LTI), Intangible Asset (IA), Owner Equity (OE).
Question: 6 the following accounts were taken from the financial statements of AK Company. 1. interest Revenue 7. Сapital utility payable Accumulated deprecation 2. 8. account payable 9. 3. Machinery _supplies Expenses 10. Salary 4. bonds Payable Investment in real estate 5. 11. 6. _Trade Marks 12. Unearned Rent Instructions: match each of the account to its proper balance sheet classification, as shown below. If the item would not appear on balance sheet, use "NA" Current asset (CA) , Current Liability (CL), property, plant, and equipment (PPE), long term liability (LTL), long term Investment (LTI), Intangible Asset (IA), Owner Equity (OE).
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Question: 6 the following accounts were taken from the
financial statements of AK Company.
1.
interest Revenue
7.
Сapital
utility payable
Accumulated deprecation
2.
8.
account payable
9.
3.
Machinery
_supplies
Expenses
10.
Salary
4.
_bonds Payable
11.
5.
Investment in real estate
6.
Trade Marks
12.
Unearned Rent
Instructions: match each of the account to its proper balance
sheet classification, as shown below. If the item would not
appear on balance sheet, use "NA"
Current asset (CA) , Current Liability (CL), property, plant, and
equipment (PPE), long term liability (LTL), long term
Investment (LTI), Intangible Asset (IA), Owner Equity (OE).
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