=+PE 4-4A Classified balance sheet obj. 2 The following accounts appear in an adjusted trial balance of Resolve Consulting.

Indicate whether each account would be reported in the

(a) current asset;

(b) property, plant, and equipment;

(c) current liability;

(d) long-term liability; or

(e) owner’s equity section of the December 31, 2009, balance sheet of Resolve Consulting.

1. Building 5. Salaries Payable 2. Clem Barnes, Capital 6. Supplies 3. Mortgage Payable (due in 2015) 7. Taxes Payable 4. Prepaid Rent 8. Unearned Service Fees