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Identify the Category(s)of Each of the Accounts Below

question 84

Essay

Identify the category(s)of each of the accounts below.
Current Asset
Plant and Equipment
Current Liabilities
Long-Term Liabilities
 Item  Category  0) Cash  Current Asset  a) Accts. Receivable  b) Accts. Payable  c) Mortgage Payable  d) Building  e) Prepaid Insurance \begin{array}{lc}\underline{\text { Item }}& \underline{\text { Category }}&\\{\text { 0) Cash }} & \text { Current Asset }&\underline{\quad\quad} \\\text { a) Accts. Receivable } & \underline{\quad\quad}&\underline{\quad\quad}\\\text { b) Accts. Payable } &\underline{\quad\quad}&\underline{\quad\quad} \\\text { c) Mortgage Payable } & \underline{\quad\quad}&\underline{\quad\quad} \\\text { d) Building } & \underline{\quad\quad}&\underline{\quad\quad}\\\text { e) Prepaid Insurance } & \underline{\quad\quad}&\underline{\quad\quad}\end{array}


Definitions:

Design View

A feature in various software that allows users to visually create and modify databases, forms, reports, or web pages, giving more control over the layout and design.

After Update

An event or trigger in programming and database applications that occurs following a change or update to data.

Text Box

A graphical user interface element where users can input text data into applications, forms, or websites.

Comment Line

A line within code that is not executed by the program, used to add notes or explanations for the benefit of the coder or other programmers.

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