Presented below are a number of balance sheet accounts of Deep Blue Something, Inc. a.    Debt Investments. b.    Treasury Stock. c.    Common Stock. d.    Dividends Payable. e.    Accumulated Depreciation—Equipment. f.    Construction in Process. g.    Petty Cash. h.    Interest Payable. i.    Deficit. j.    Equity Investments (ownership stake of less than 20%). k.    Income Taxes Payable. l.    Unearned Subscriptions Revenue. m.    Work in Process. n.    Salaries and Wages Payable. Instructions For each of the accounts above, indicate the proper balance sheet classification. In the case of borderline items, indicate the additional information that would be required to determine the proper classification.

Assume that Fielder Enterprises uses the following headings on its balance sheet. a.    Current assets. b.    Investments. c.    Property, plant, and equipment. d.    Intangible assets. e.    Other assets. f.    Current liabilities. g.    Long-term liabilities. h.    Capital stock. i.    Equity attributed to noncontrolling interest. j.    Paid-in capital in excess of par. k.    Retained earnings. Instructions Indicate by letter how each of the following usually should be classified. If an item should appear in a note to the financial statements, use the letter “N” to indicate this fact. If an item need not be reported at all on the balance sheet, use the letter “X.” 1.    Prepaid insurance. 2.    Stock owned in affiliated companies. 3.    Unearned service revenue. 4.    Advances to suppliers. 5.    Unearned rent revenue. 6.    Preferred stock. 7.    Additional paid-in capital on preferred stock. 8.    Copyrights. 9.    Petty cash fund. 10.    Sales taxes payable. 11.    Accrued…

(Classification of Balance Sheet Accounts) Assume that Fielder Enterprises uses the following headings on its balance sheet. a. Current assets.b. Long-term Investments.c. Property, plant, and equipment.d. Intangible assets.e. Other assets.f. Current liabilities.g. Long-term liabilities.h. Capital stock.i. Paid-in capital in excess of par.j. Retained earnings. Instructions:Indicate by letter how each of the following usually should be classified. If an item should appear in a note to the financial statements, use the letter “N” to indicate this fact. If an item need not be reported at all on the balance sheet, use the letter “X.” 1. Prepaid insurance.2. Stock owned in another company.3. Unearned service revenue.4. Advances to suppliers.5. Unearned rent revenue.6. Preferred stock.7. Additional paid-in capital on preferred stock.8. Copyrights.9. Petty cash fund.10. Sales taxes payable.11. Accrued interest on notes receivable.12. Twenty-year issue of bonds payable that will mature within…

Use the following information from XYZ Company's balance sheet to answer the next six questions: Assets a. b. c. d. a. b. 30. C. d. Cash........ Marketable Securities Accounts Receivable Inventory........ Property and Equipment. Accumulated Depreciation. Total Assets a. b. c. d. Liabilities and Stockholders' Equity Accounts Payable. Notes Payable (current). Mortgage Payable (long-term). Bonds Payable (long-term). Common Stock, $50 Par.. The average number of common stock shares outstanding during the year was 840 shares. Net earnings for the year were $6,300. 25. XYZ's current ratio is 6.0 to 1. 5.5 to 1. 26. XYZ's quick (acid-test) ratio is 4.0 to 1. 4.5 to 1. 3.5 to 1. 3.0 to 1. Paid-in Capital in Excess of Par......... Retained Earnings............ Total Liabilities, and Stockholders' Equity 4.0 to 1. 4.5 to 1. ***** 27. XYZ's earnings per share is $7.50 per share. $7.00 per share. $0.13 per share. $6,300 per share. 28. XYZ's return on assets is a. 6.9% b. 7.9% C. 14.6% d. 23.4% 29.…