Indicate in which section of the balance sheet each of the


Indicate in which section of the balance sheet each of the following accounts is classified. Use the symbols CA for current assets, NCA for noncurrent assets, CL for current liabilities, LTL for long term liabilities and SHE for stockholders equity.

a. Prepaid Rent f. Mortgage Payable(due in 15 years)

b. Dividends Payable g. Unearned service revenue

c. Salaries Payable h. Accounts Recievable

d. Accumulated Depreciation: Equipment i. Land

e. Retained Earning j. Office Supplies

 

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Financial Accounting: Indicate in which section of the balance sheet each of the
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