Indicate in which section of the balance sheet each account is classified, also indicate with a check mark (✓) for the contra account and indicate with an (X) and explain if an account cannot be classified in any of the preceding sections.

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Chapter 4, Problem 4E

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Indicate in which section of the balance sheet each account is classified, also indicate with a check mark (✓) for the contra account and indicate with an (X) and explain if an account cannot be classified in any of the preceding sections.

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