The following accounts appear in an adjusted trial balance of Gondola Consulting. Indicate whether each account would be reported in the
(a) Current asset; (b) Property, plant, and equipment; (c) Current liability; (d) Long-term liability; or (e) Owner €™s equity section of the December 31, 2009, balance sheet of Gondola Consulting. 1. Accounts Payable 2. Accounts Receivable 3. Accumulated Depreciation €”Equipment 4. Cash 5. Holly Webb, Capital 6. Note Payable (due in 2016) 7. Supplies 8. Wages Payable
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