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Balance Sheet Classifications
Current Assets Investments Property, Plants & Equipment Intangible Assets Current Liabilities Long-Term Liabilities Stockholders’ Equity
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Balance Sheet Classifications
__________ 1. Accounts Receivable __________ 2. Note Payable due in 60 days __________ 3. Cash __________ 4. Advertising Expense __________ 5. Inventory __________ 6. Interest Payable __________ 7. Equipment __________ 8. Patent current assets long-term liabilities current assets does not appear on balance sheet current assets current liabilities property, plant & equipment intangible assets
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Balance Sheet Classifications, cont.
property, plant & equipment __________ 9. Land __________ 10. Accounts Payable __________ 11. Note Payable (Due in 10 Years) __________ 12. Investment in Nike Common Stock __________ 13. Retained Earnings __________ 14. Note Receivable from customer due in 5 years __________ 15. Prepaid Rent current liabilities long-term liabilities investments stockholder’s equity investments current assets
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Balance Sheet Classifications, cont.
does not appear on balance sheet __________ 16. Salary Expense __________ 17. Accounts Payable __________ 18. Common Stock __________ 19. Building __________ shares of Microsoft Stock current liabilities stockholder’s equity property, plant & equipment investments
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