Match the Selected Items from a Classified Balance Sheet and Multiple-Step

question 102

Multiple Choice

Match the selected items from a classified balance sheet and multiple-step income statement to the section in which they would appear on the classified balance sheet or the income statement.
-Wages payable

• A)Current Assets (balance sheet)
• B)Property, Plant, & Equipment (balance sheet)
• C)Current Liabilities (balance sheet)
• D)Long-term Liabilities (balance sheet)
• E)Stockholders' Equity (balance sheet)
• F)Operating Revenue (income statement)
• G)Operating Expenses (income statement)
• H)Other Revenue & Expenses (income statement)
• I)Income Taxes (income statement)

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