Which of the following is classified as a current asset?
A. Office supplies.
B. Patent.
C. Office equipment.
D. Land.
E. Unearned revenue.
查看答案
Which of the following is classified as a plant asset?
A. Office equipment.
B. Merchandise inventory.
C. Patent.
D. Office supplies.
E. Cash.
Which of the following is classified as a Intangible asset?
A. Office supplies.
B. Patent.
C. Office equipment.
D. Land.
E. Unearned revenue.
Two common subgroups for liabilities on a classified balance sheet are:
A. Current liabilities and intangible liabilities
B. Current liabilities and long-term liabilities
C. Present liabilities and operating liabilities
D. General liabilities and specific liabilities.
E. Intangible liabilities and long-term liabilities.
Merchandise inventory refers to products that a company owns and intends to sell to customers.
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