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Ross corporation reported the following

02/10/2021 Client: muhammad11 Deadline: 2 Day

Liz Ross Corporation prepares a classified balance sheet that includes the following traditional sections:

Current Assets

Long-term Investments

Property, Plant & Equipment

Intangibles

Other Assets

Current Liabilities

Long-term Liabilities

Stockholders' Equity

In which section of the classified balance sheet would the following accounts appear? Some of the accounts may not appear in the balance sheet.

Note Payable (due in 3 months)

Accumulated Depreciation

Investment in Government Bonds

Accounts Receivable

Accounts Payable

Long-term Receivable From Employee

Dividends

Capital Stock

Patent

Supplies

Retained Earnings (ending)

Rent Expense

Unearned Revenues

Income Summary

Equipment

Revenues

Prepaid Rent

Interest Payable

Retained Earnings (beginning)

Loan Payable (due in 5 years)

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