A corporation's balance sheet is usually divided into three primary sections with various classifications reported within each section group in an informative manner. Listed below are some typical classifications within a section.
Contributed capital $\quad $ $\quad $ Other assets
Current assets $\quad $ $\quad $$\quad $ $\quad $Other liabilities
Current liabilities $\quad $ $\quad $ $\quad $ Property, plant, and equipment
Intangible assets $\quad $ $\quad $$\quad $$\quad $ Retained earnings
Long-term investments $\quad $ $\quad $Accumulated other comprehensive income Long-term liabilities
Required:
Identify each of the three balance sheet sections and list the classifications within each section in the appropriate order.

Question

A corporation's balance sheet is usually divided into three primary sections with various classifications reported within each section group in an informative manner. Listed below are some typical classifications within a section.
Contributed capital $\quad $ $\quad $ Other assets
Current assets  $\quad $  $\quad $$\quad $ $\quad $Other liabilities
Current liabilities $\quad $ $\quad $ $\quad $ Property, plant, and equipment
Intangible assets $\quad $   $\quad $$\quad $$\quad $ Retained earnings
Long-term investments  $\quad $ $\quad $Accumulated other comprehensive income Long-term liabilities
Required:
Identify each of the three balance sheet sections and list the classifications within each section in the appropriate order.

Quizplus · Accepted Answer

The Answer of A corporation's balance sheet is usually divided into three primary sections with various classifications reported within each section group in an informative manner. Listed below are some typical classifications within a section.
Contributed capital $\quad $ $\quad $ Other assets
Current assets  $\quad $  $\quad $$\quad $ $\quad $Other liabilities
Current liabilities $\quad $ $\quad $ $\quad $ Property, plant, and equipment
Intangible assets $\quad $   $\quad $$\quad $$\quad $ Retained earnings
Long-term investments  $\quad $ $\quad $Accumulated other comprehensive income Long-term liabilities
Required:
Identify each of the three balance sheet sections and list the classifications within each section in the appropriate order.

A Corporation's Balance Sheet Is Usually Divided into Three Primary \quad

A Corporation's Balance Sheet Is Usually Divided into Three Primary $\quad$