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For Each Account Listed,identify the Category in Which It Would

Question 42

Essay

For each account listed,identify the category in which it would appear on a classified balance sheet.
 Account  Location on a  Classified Balance Sheet  a  Smith, Capital  b  Accumulated Depreciation -  Equipment  c  Notes Payable (due in two years)  d  Unearned Revenue (short-term)  e  Salaries Payable  f  Accounts Receivable  g  Trademark  h Prepaid Rent (prepaid for six  months)\begin{array} { | l | l | l | } \hline&{ \text { Account } } &{ \begin{array} { c } \text { Location on a } \\\text { Classified Balance Sheet }\end{array} } \\\hline \text { a } & \text { Smith, Capital } & \\\hline \text { b } & \text { Accumulated Depreciation - } & \\&\text { Equipment }\\\hline \text { c } & \text { Notes Payable (due in two years) } & \\\hline \text { d } & \text { Unearned Revenue (short-term) } & \\\hline \text { e } & \text { Salaries Payable } & \\\hline \text { f } & \text { Accounts Receivable } & \\\hline \text { g } & \text { Trademark } & \\\hline \text { h} & \text { Prepaid Rent (prepaid for six } & \\& \text { months)}\\\hline\end{array}

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