Common categories of a classified balance sheet include Current Assets, Long Term Investments, Plant Assets, Intangible

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Common Categories Of A Classified Balance Sheet Include Current Assets Long Term Investments Plant Assets Intangible 1 (35.47 KiB) Viewed 45 times

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, identily the balance sheet category where the item typically would best appear an item does not appear on the balance, indicate that instead Accome i Clarification Accoon Ta 1 Short-term investments 11. Cash 2. Taxes payable (Due in 5 weeks) 12. Patents 3. Supplies 13. Interest receivable 4. Goodell 14. Machinery 5. Office supplies 15. Prepaid rent (2 months of t 6. Franchises 16. Equipment 17. Repairs experse 7. Store supple 18. Land & Copyrights 9. Prepaid Insurance (expires in 5 month) 19. Depreciation expet-Bolding 10. Trademarka 20. Odlice equipment www