For each account listed in 1 through 12 below, identify which reporting section (a through d) each would appear on a company's financial statements. You may use each letter more than once or not at all.
_____ 1. Depreciation expense
_____ 2. Accumulated depreciation
_____ 3. Betterments
_____ 4. Oil reserve
_____ 5. Land
_____ 6. Organizational costs
_____ 7. Amortization expense
_____ 8. Total amortization since inception
_____ 9. Gain on sale of patent
_____ 10. Copyright
_____ 11. Patents
_____ 12. Goodwill

Question

For each account listed in 1 through 12 below, identify which reporting section (a through d) each would appear on a company's financial statements. You may use each letter more than once or not at all.
  _____ 1. Depreciation expense
_____ 2. Accumulated depreciation
_____ 3. Betterments
_____ 4. Oil reserve
_____ 5. Land
_____ 6. Organizational costs
_____ 7. Amortization expense
_____ 8. Total amortization since inception
_____ 9. Gain on sale of patent
_____ 10. Copyright
_____ 11. Patents
_____ 12. Goodwill

Quizplus · Accepted Answer

The Answer of For each account listed in 1 through 12 below, identify which reporting section (a through d) each would appear on a company's financial statements. You may use each letter more than once or not at all.
  _____ 1. Depreciation expense
_____ 2. Accumulated depreciation
_____ 3. Betterments
_____ 4. Oil reserve
_____ 5. Land
_____ 6. Organizational costs
_____ 7. Amortization expense
_____ 8. Total amortization since inception
_____ 9. Gain on sale of patent
_____ 10. Copyright
_____ 11. Patents
_____ 12. Goodwill

For Each Account Listed in 1 Through 12 Below, Identify