Below Is a List of Accounts for the Duclaw Dog

question 99

Essay

Below is a list of accounts for the Duclaw Dog Company.
1 Accounts Payable
2 Accounts Receivable
3 Accumulated Depreciation-Equipment
4 Allowance for Doubtful Accounts
5 Bonds Payable
6 Cash
7 Common Stock
8 Discount on Bonds Payable
9 Equipment
10 Insurance Expense
11 Interest Expense
12 Inventory
13 Notes Payable, due in 5 years
14 Prepaid Rent
15 Retained Earnings
16 Salaries and Wages Expense
17 Salaries and Wages Payable
18 Unearned Revenue
Indicate the proper balance sheet classification of each of the 18 numbered accounts by inserting the appropriate classification, taken from the list below, after each of the numbers
Current assets
Property, plant, and equipment Current liabilities
Long-term liabilities Shareholders' Equity Income Statement account