Classify each as it would be reported on a balance sheet


The following are a few of the accounts of Aim Delivery Corporation:

____1. Salaries and Wages Payable 

____2. Accounts Payable 

____ 3. Accounts Receivable

____ 4. Buildings 

____ 5. Cash

____ 6. Common Stock

____ 7. Land 

____ 8. Income Taxes Payable 

____ 9. Equipment 

____ 10. Notes Payable (due in six months)

____ 11. Retained Earnings

____ 12. Supplies In the space provided, classify each as it would be reported on a balance sheet. Use the following codes: CA = Current Asset CL = Current Liability SE = Stockholders' Equity NCA = Noncurrent Asset NCL = Noncurrent Liability

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Accounting Basics: Classify each as it would be reported on a balance sheet
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