Balance Sheet Classifications
Order by
40 terms
Terms | Definitions |
|---|---|
 Preferred Stock | Owners Equity |
| Goodwill | Intangible Asset |
| Wages Payable | Current Liability |
| Trade Accounts Payable | Current Liability |
| Buildings | PP&E |
| Trading Securities | Current Asset |
| Current Portion of Long Term Debt | Current Liability |
| Premium on Bonds Payable | LTL |
| Accounts Receivable | Current Asset |
| Allowance for Doubtful Accounts | Current Asset |
| Cash surrender value of life insurance | Investment |
| Notes Payable (due next year) | Current Liability |
| Office Supplies | Current Asset |
| Common Stock | Owners Equity |
| Land | PP&E |
| Bond Sinking Fund | Investment |
| Merchandise Inventory | Current Asset |
| Prepaid Insurance | Current Asset |
| Bonds Payable | LTL |
| Taxes Payable | Current Liability |
| Treasury Stock | Retained Earnings |
| Dividends Payable | Current Liability |
| Accumulated Depreciation | PP&E |
| Petty Cash | Current Asset |
| Accrued Interest on Notes Payable | Current Liability |
| Deficit | Retained Earnings |
| Unearned Revenue | Current Liability |
| Inventory | Current Asset |
| Accrued Vacation Pay | Current Liability |
| Notes Receivable | Current Asset |
| Land held for future use | Investment |
| Copyrights | Intangible Asset |
| Patents | Intangible Asset |
| Paid in Capital in Excess of Par | Additional Paid in Capital |
| Stock owned in affiliated companies | Investment |
| Discount on Bond Payable | LTL |
| Advances to suppliers | Current Asset |
| Accrued Interest on Notes Receivable | Current Asset |
| Accrued Interest on Bonds Payable | Current Liability |
| Accrued Interest on Bond Receivable | Current Asset |
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