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Exxon Mobil Corporation explores, produces, refines, products in the United States and around the world....

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Accounting

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Exxon Mobil Corporation explores, produces, refines, products in the United States and around the world. markets, and supplies crude oll natural gas, and petroleuh Required: Indicate how the accounts normally should be categorized on a classified balance sheet. Use CA for current asse NCA for noncurrent asset, CL for current liability, NCL for noncurrent liability, and SE for stockholders' equity. Also indicate whether the account normally has a debit or credit balance. Answer is complete but not entirely correct. Debit or Credit Balance Balance Classification CL CA CA Sheet Credit (1) Notes and Loans Payable (short-term) (2) Materials and Supplies (3) Common Stock (4) Patents (an intangible asset) (5) Income Taxes Payable (6) Long-Term Debt Debit Debit Debit Credit Credit ) Marketable Securities (short-term investments) NCA Debit Debit 1 Credit Debit Debit Debit Credit Debit Credit CA NCL NCL (7) Marketable Securities (short-term investments) CA SE CA SE (8) Property, Plant, and Equipment (9) Retained Earnings (10) Notes and Accounts Receivable (short-term) (11Investments (long-term) (12) Cash and Cash Equivalents (13) Accounts Payable (14) Crude Oil Products and Merchandise (15) Additional Paid-in Capital CL CA SE Check my work

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