Chapter 9 The Role of Accounting in Business
87. When a business needs a more sophisticated balance sheet than the one created for its first accounting records, it creates a _____ balance sheet to list assets and liabilities in separate categories. a. classified. b. two item. c. long-term. d. extended (a; Hard) 88. A classified balance sheet lists assets in order of _____. a. useful life. b. ................
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