179. The following data were taken from the Balance Sheet columns of the work sheet for April 30, 2011 for Mackenzie Company:
Accumulated Depreciation—Trucks$42,400
Prepaid Rent6,800
Supplies850
Unearned Fees7,310
Trucks49,300
Cash3,400
Capital Stock4,000
Retained Earnings?
180. Indicate whether each of the following would be reported in the section of financial statements identified as (a) current assets, (b) property, plant, and equipment, (c) current liabilities, (d) revenues, or (e) expenses:
1)Automobile
(2)Accumulated depreciation
(3)Rent expense
(4)Fees earned
(5)Salaries payable
(6)Prepaid rent
(7)Store supplies
(8)Advertising expense
(9)Unearned rent
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