Balance Sheet Flashcards

1
Q

Current assets

A

Supplies inventory
Prepaid insurance
Investments (available for sale

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2
Q

Long-term investments

A

Equity investments

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3
Q

Property plant and equipment

A

Equipment

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4
Q

Intangible assets

A

Trademarks

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5
Q

Current liabilities

A

Accounts payable
Salaries and wages payable
Unearned service revenue

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6
Q

Long-term liabilities

A

Notes payable (due 2022)
Bonds payable (due 2027)

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