The following accounts appear on the worksheet of Commonwealth Crafts at December 31, 20X1. Indicate the section of the classified balance sheet in which each account will be reported.

SECTIONS OF CLASSIFIED BALANCE SHEET
a. Current Assets
b. Plant and Equipment
c. Current Liabilities

d. Long-Term Liabilities
e. Owner’s Equity

ACCOUNTS
1. Accounts Receivable
2. Truck
3. Prepaid Rent
4. Notes Payable, due 20X5
5. Office Supplies
6. Accounts Payable
7. Merchandise Inventory
8. John O’Hare, Capital
9. Cash
10. Unearned Revenue
11. Notes Receivable, due 20X2
12. Accumulated Depreciation—Truck
13. Notes Payable, due 20X2
14. John O’Hare, Drawing
15. Interest Payable