22 Mar The following are the major statement of financial
The following are the major statement of financial position classifications: 1. Current assets 2. Long-term investments 3. Property, plant, and equipment 4. Intangible assets 5. Current liabilities 6. Non-current liabilities 7. Shareholders equity Instructions Classify each of the following selected accounts taken from TELUS Corporation s statement of financial position by writing in the number of the appropriate classification above: (a) ________ Accounts payable and accrued liabilities (b) ________ Accounts receivable (c) ________ Accumulated depreciation (d) ________ Buildings and leasehold improvements (e) ________ Common shares (f) ________ Current maturities of long-term debt (g) ________ Dividends payable (h) ________ Goodwill (i) ________ Income and other taxes payable (j) ________ Income and other taxes receivable (k) ________ Inventories (l) ________ Land (m) ________ Long-term debt (n) ________ Prepaid expenses
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