Answer
CL= Accounts payable
CA= Account receivable
PPE= Accumulated depreciation
PPE=Buildings
CA= Cash
CL= Interest payable
IA= Goodwill
CL= Income taxes payable
CA= Inventory
CA=Dtock investments
PPE= Land
LTL= Mortgage payable
CA= Supplies
PPE=Equipment
CA= Prepaind rent
Work Step by Step
•Current Assets are cash and other assets that are expected to be converted to cash within a year.
• Current liabilities are amounts due to be paid to creditors within twelve months.
•Long-term investments are
that a company intends to hold for more than a year. It include stocks, bonds, real estate, and cash.
• Long term liabilities are financial obligations of a company that are due more than one year.
• Property, Plant, and Equipment are Fixed assets, that cannot easily be converted into cash.
• Stockholders' equity is the amount of assets remaining in a business after all liabilities have been settled.
• Intangible asset is an asset that is not physical in nature. Such as goodwill , Trademark
