Question

The following are categories of accounts reported in the financial statements:

1. Current Assets                                                 E. Stockholders’ Equity
2. Non-Current Assets                                         F. Revenue
3. Current Liabilities                                           G. Expense
4. Non-Current Liabilities                                   H. Not Applicable

Indicate where each of the following accounts would be reported (classified) in the financial statement categories noted above (categories may be used more than once or not at all). Identify only one category for each account listed below.

_______Accrued Liabilities                              ________Accumulated Depreciation

_______Rental Income                                    ________Intangible Property

_______Wages Expense                                   ________Unearned Subscription Revenues

_______Bonds Payable                                    ________Retained Earnings

Answer 1

Particular	Reported as
Accrued Liabilities	C Current Liabilities
Accumulated depreciation	B Non Current assets.
Rental income	F Revenues
Intangible property	B Non Current Assets
Wage expenses	G Expenses
Inearned subscription revenue	C Current Liabilities
Bond Payable	D Non Current Liabilities
Retained Earnings.	E. Stockholder Equity