Beside each numbered balance sheet item select the letter

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Reference no: EM13579187

Beside each numbered balance sheet item, select the letter of its balance sheet classification. If the item shoud not appear on the balance sheet, choose the letter Z from the selection choices.

A. Current Assets

B. Long-term investments

C. Planet Assets

D. Intangible Assets

E. Current Liabilities

F. Long-term liabilites

G. Equity

1. Long-term investment in stock

2. Depreciation expense-Building

3. Prepaid rent

4. Interest receivable

5. taxes payable

6. automobiles

7. notes payable (due in 3 years)

8. Accounts payable

9. Prepaid insurance

10. Owner, Capital

11. Unearned services revenue

12. Accumulated depreciation-Trucks

13. Cash

14. Buildings

15. Store supplies

16. Office equipment

17. Land (used in operations)

18. Repairs expense

19. Office supplies

20. Current portion of long-term note payable

Reference no: EM13579187

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