Classify the following items according to where they would appear
in the financial statements:
a. Intangible assets
b. Interest revenue
c. Cash collections from amounts owed by customers on
account
d. Cost of developing a new advertising campaign
e. Earnings over the years that have not been paid to
shareholders as dividends
f. Revenue from the provision of services to customers
g. Dividends paid
h. Increase in a bank loan (additional borrowings)
i. Supplies used this year
j. An investment in the shares of another corporation (the
intent is not to sell the investment in the near future)
k. Amounts paid to repurchase shares from shareholders
Classify the following items according to where they would appear in the financial statements: a. Intangible assets b. I
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am