Classified balance sheet Obj. 2 The following accounts appear in an adjusted trial balance of Bridgewater Consulting. Indicate whether each account would be reported in the

(a) Current assets;

(b) Property, plant, and equipment;

(c) Current liabilities;

(d) Long-term liabilities; or

(e) Stockholders’ equity section of the December 31, 20Y0, balance sheet of Bridgewater Consulting.

1. Accounts Payable 2. Accounts Receivable 3. Accumulated Depreciation—Building 4. Cash 5. Common Stock 6. Note Payable (due in ten years)

7. Supplies 8. Wages Payable AppendixLO1