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Account appears on the balance sheet

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    Assignment ID: FG132622365

    The following is a list of accounts commonly seen in financial statements. Identify whether each account appears on the balance sheet as an asset, a liability, or an equity account, or whether it appears on the income statement as a revenue or an expense.

    Accounts Payable
    Property, Plant, and Equipment
    Inventories
    Long-Term Debt
    Cost of Goods Sold
    Retained Earnings
    Research and Development
    Prepaid Expense
    Common Stock
    Accounts Receivable

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