Advertisement Upgrade to remove ads

basic components of a classified balance sheet

Current asset

Asset

Investment

Asset

Property, plant, and equipment

Asset

Intangible assets

Asset

Current liabilities

Liability

Long-term liabilities

Liability

Contributed capital

Stockholders' Equity

Retained earnings

Stockholders' Equity

Cash

Current asset

Short-term investment

Current asset

Notes receivable

Current asset

Accounts receivable

Current asset

Merchandise inventory

Current asset

Prepaid insurance

Current asset

Supplies

Current asset

Land held for future use

Investment

Land

Property, plant, and equipment

Building

Property, plant, and equipment

Equipment

Property, plant, and equipment

Trademark

Intangible assets

Notes payable

Current liabilities

Accounts payable

Current liabilities

Salaries payable

Current liabilities

Mortgage payable

Long-term liabilities

Common stock

Contributed capital

Additional paid-in capital

Contributed capital

Please allow access to your computer’s microphone to use Voice Recording.

Having trouble? Click here for help.

We can’t access your microphone!

Click the icon above to update your browser permissions above and try again

Example:

Reload the page to try again!

Reload

Press Cmd-0 to reset your zoom

Press Ctrl-0 to reset your zoom

It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.

Please upgrade Flash or install Chrome
to use Voice Recording.

For more help, see our troubleshooting page.

Your microphone is muted

For help fixing this issue, see this FAQ.

Star this term

You can study starred terms together

NEW! Voice Recording

Create Set