Unit 1 Flashcards by Ashley Eure | Brainscape

Q

Current Asset or Non-Current Asset

Cash

A

Current

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Q

Current Asset or Non-Current Asset

Investments

A

Non-Current

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Q

Current Asset or Non-Current Asset

Land

A

Non-Current

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Q

Current Asset or Non-Current Asset

Accounts Receivable

A

Current

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Q

Current Liabilities or Non-Current Liabilities

Accounts Payable

A

Non-Current

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Q

What accounts are apart of Stockholders Equity

A

Retained Earnings
Treasury Stock
Additional Paid-in Capital
Common Stock

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Q

Current Asset or Non-Current Asset

Allowance for Doubtful Accounts

A

Current

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Q

Current Asset or Non-Current Asset

Equipment

A

Non-Current

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Q

Current Liabilities or Non-Current Liabilities

Note Payable

A

Both

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Q

Current Liabilities or Non-Current Liabilities

Interest Payable

A

Current

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Q

Current Asset or Non-Current Asset

Prepaid Insurance

A

Current

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Q

Current Liabilities or Non-Current Liabilities

Income Tax Payable

A

Current

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Q

Current Liabilities or Non-Current Liabilities

Discount on Bonds Payable

A

Non-Current

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Q

Current Asset or Non-Current Asset

Inventory

A

Current

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Q

A

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