Solution-Indicate whether each account would be reported

Indicate whether each account would be reported

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Reference no: EM131121959

The following accounts appear in an adjusted trial balance of Resolve Consulting. Indicate whether each account would be reported in the

(a) Current asset;

(b) Property, plant, and equipment;

(d) Long-term liability; or

(e) Owner's equity section of the December 31, 2009, balance sheet of Resolve Consulting.

1. Building

2. Clem Barnes, Capital

3. Mortgage Payable (due in 2015)

4. Prepaid Rent

5. Salaries Payable

6. Supplies

7. Taxes Payable

8. Unearned Service Fees

Reference no: EM131121959

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Indicate whether each account would be reported

Reference no: EM131121959

Reference no: EM131121959

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