Answer Happy

Common Categories of a daisded balance sheetehude Curient Assets, Long-Term investments, Plat Aseets, tangible Assets Curent Lubes Long Teen thines, and tigy For each of the following tem, idefy the balance sheet category where the on typically would best apprar fanendoes not appear on the balance indicate that had ht 11. Ce 32 Tape in 3. Sep 13 & Gosed 14. Michey Ofes 11 Pep months aft Fandos 16. pont happ 17 Rips og Land padom 13. Dependidos expats-Tulling O < Pher C 1 Sovets arch B 0 6 Ⓡ 0 17 SHAM 200
Common categories of a classified balance sheet include Current Assets, Long-Term Investments, Plant Assets, Intangible Assets, Current Liabilities, Long-Term Liabilities, and Equity. For each of the following items, identify the balance sheet category where the item typically would best appear. If an item does not appear on the balance, indicate that instead Account Title Classification Account Title Classification 1: Short-term investments 11. Cash 2. Taxes payable (Due in 5 weeks) 12 Patents 3. Supplies 13 Interest receivable 4. Goodwill 14 Machinery 5. Office supplies 15 Prepaid rent (2 months of Rent) 6. Franchises 16 Equipment 7. Store supplies 17 Repairs expense 18. Land 8. Copyrights 9. Prepaid Insurance (expires in 5 months) 19. Depreciation expense-Building 10. Trademarks 20. Office equipment