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    The Following Are The Major Statement of Financial Position Classifications 1

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    Miroslav Gegoski
    The document lists the major classifications of accounts for a statement of financial position: 1) current assets, 2) long-term investments, 3) property, plant and equipment, 4) intangible assets, 5) current liabilities, 6) non-current liabilities, and 7) shareholders' equity. It then provides a list of accounts and asks to classify each one under the appropriate classification.

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    The Following Are The Major Statement of Financial Position Classifications 1

    Uploaded by

    Miroslav Gegoski
    14 views1 page
    The document lists the major classifications of accounts for a statement of financial position: 1) current assets, 2) long-term investments, 3) property, plant and equipment, 4) intangible assets, 5) current liabilities, 6) non-current liabilities, and 7) shareholders' equity. It then provides a list of accounts and asks to classify each one under the appropriate classification.

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    The Following Are the Major Statement of Financial Position Classifications 1

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    The Following Are the Major Statement of Financial Position Classifications 1

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    The document lists the major classifications of accounts for a statement of financial position: 1) current assets, 2) long-term investments, 3) property, plant and equipment, 4) intangible assets, 5) current liabilities, 6) non-current liabilities, and 7) shareholders' equity. It then provides a list of accounts and asks to classify each one under the appropriate classification.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    14 views1 page

    The Following Are The Major Statement of Financial Position Classifications 1

    Uploaded by

    Miroslav Gegoski
    The document lists the major classifications of accounts for a statement of financial position: 1) current assets, 2) long-term investments, 3) property, plant and equipment, 4) intangible assets, 5) current liabilities, 6) non-current liabilities, and 7) shareholders' equity. It then provides a list of accounts and asks to classify each one under the appropriate classification.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    The following are the major statement of financial position

    classifications 1 #8458
    The following are the major statement of financial position classifications:1. Current assets 2.
    Long-term investments 3. Property, plant, and equipment 4. Intangible assets5. Current
    liabilities6. Non-current liabilities7. Shareholders' equityInstructionsClassify each of the following
    selected accounts taken from TELUS Corporation's statement of financial position by writing in
    the number of the appropriate classification above:(a) ________ Accounts payable and accrued
    liabilities(b) ________ Accounts receivable(c) ________ Accumulated depreciation(d)
    ________ Buildings and leasehold improvements(e) ________ Common shares(f) ________
    Current maturities of long-term debt(g) ________ Dividends payable(h) ________ Goodwill(i)
    ________ Income and other taxes payable(j) ________ Income and other taxes receivable(k)
    ________ Inventories(l) ________ Land(m) ________ Long-term debt(n) ________ Prepaid
    expensesView Solution:
    The following are the major statement of financial position classifications 1

    ANSWER
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