Match the specific account category to each of the accounts provided. Notes Receivable (due in 4 years) Bank Indebtedness Accumulated depreciation, equipment Bond Payable, 10 year term Copyright El Payable Cost of Goods Sold Deferred Revenue Prepaid Property Tax 1. 2. 3. 5. 4. Intangible Asset Current Liability 6. 8. Current Asset Non-current Liability 7. Shareholder's Equity Long-term investment Property, Plant, and Equipment 10. Revenue 9. Expense None of the categories provided are correct.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 63BE: Asset Efficiency Ratios Rumsford Inc.s financial statements for 2019 indicate the following account...
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Match the specific account category to each of the accounts provided.
Notes Receivable (due in 4
years)
Bank Indebtedness
Accumulated depreciation,
equipment
Bond Payable, 10 year
term
Copyright
El Payable
Cost of Goods Sold
Deferred Revenue
Prepaid Property Tax
1.
2.
3.
5.
4. Intangible Asset
Current Liability
8.
Current Asset
Long-term investment
Property, Plant, and Equipment
6.
Non-current Liability
7. Shareholder's Equity
10.
Revenue
9. Expense
None of the categories provided
are correct.
Transcribed Image Text:Match the specific account category to each of the accounts provided. Notes Receivable (due in 4 years) Bank Indebtedness Accumulated depreciation, equipment Bond Payable, 10 year term Copyright El Payable Cost of Goods Sold Deferred Revenue Prepaid Property Tax 1. 2. 3. 5. 4. Intangible Asset Current Liability 8. Current Asset Long-term investment Property, Plant, and Equipment 6. Non-current Liability 7. Shareholder's Equity 10. Revenue 9. Expense None of the categories provided are correct.
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