Merchandise inventory: ()
A: Is a long-term asset.
B: Is a current asset.
C: Includes supplies.
D: Is classified with investments on the balance sheet.
A: Is a long-term asset.
B: Is a current asset.
C: Includes supplies.
D: Is classified with investments on the balance sheet.
举一反三
- If a company presents its balance sheet in a format that includes subtotals for current assets, current liabilities, noncurrent assets, and noncurrent liabilities, it is most likely presented:（） A: in an account format. B: as a classified balance sheet. C: as a functional balance sheet.
- Liabilities are generally classified into( )and ( ).(2分) A: current liabilities、Non-current liabilities B: current assets、long-term assets C: accounting payable、intangible asset D: fixed asset、intangible asset
- Which of the following would not be classified as a current asset? A: cash B: marketable securities C: receivables D: investments
- Which of the following would normally be classified as a non-current asset and which as a current asset?Petty cash A: Non-current asset B: Current asset
- Unearned revenue is reported in the financial statements as: A: A liability on the balance sheet. B: A revenue on the balance sheet. C: An unearned revenue on the income statement. D: An asset on the balance sheet.