The financial statements of Chehade Services included the following accounts. a. Under the column Financial Statement, choose from the list of codes below, the appropriate financial statement where the accounts listed would appear. Financial Statement Code US B/S Income Statement Balance Sheet Statement of Owner's Equity OVE For the column Balance Sheet Classification, choose the appropriate balance sheet classification from the list of codes below. If the account does not belong on the balance sheet, use the code n/a Balance Sheet Classification Code Current Assets Long-term Investments Property, Plant, and Equipment Intangibles Goodwill Current Liabilities Non-Current Liabilities Owner's Equity Not on the Balance Sheet 35-dg ga CA PPE NCL NCL

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter2: Analyzing Transactions: The Accounting Equation
Section: Chapter Questions
Problem 5SEB: FINANCIAL STATEMENT ACCOUNTS Label each of the following accounts as an asset (A), liability (L),...
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Accounts in Financial Statements
Interest revenue
Furniture
Depreciation expense
Trademarks d
Mortgage lears
Chetade drawings
Accounts receivable
Adverting
Notes de
Unearned revenue
Bepair parts inertory
Financial Statement
Balance Sheet Classification
Transcribed Image Text:Accounts in Financial Statements Interest revenue Furniture Depreciation expense Trademarks d Mortgage lears Chetade drawings Accounts receivable Adverting Notes de Unearned revenue Bepair parts inertory Financial Statement Balance Sheet Classification
The financial statements of Chehade Services included the following accounts.
a Under the column Financial Statement, choose from the list of codes below, the appropriate financial statement where the
accounts listed would appear.
Code
Income Statement
US
Balance Sheet
B/S
Statement of Owner's Equity OE
Financial Statement
b
For the column Balance Sheet Classification, choose the appropriate balance sheet classification from the list of codes below.
If the account does not belong on the balance sheet, use the code na
Balance Sheet Classification Code
Current Assets
Long-term Investments
Property. Plant, and Equipment
Intangibles
Goodwill
Current Liabilities
Non-Current Liabilities
Owner's Equity
Not on the Balance Sheet
35-odgga
PPE
NCL
NCL
Transcribed Image Text:The financial statements of Chehade Services included the following accounts. a Under the column Financial Statement, choose from the list of codes below, the appropriate financial statement where the accounts listed would appear. Code Income Statement US Balance Sheet B/S Statement of Owner's Equity OE Financial Statement b For the column Balance Sheet Classification, choose the appropriate balance sheet classification from the list of codes below. If the account does not belong on the balance sheet, use the code na Balance Sheet Classification Code Current Assets Long-term Investments Property. Plant, and Equipment Intangibles Goodwill Current Liabilities Non-Current Liabilities Owner's Equity Not on the Balance Sheet 35-odgga PPE NCL NCL
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