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4 1 points Common categories of a classified balance sheet include Current Assets, Long-Term Investments, Plant Assets, Intangible Assets, Current Liabilities, and Long-Term Liabilities.

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4 1 points Common categories of a classified balance sheet include Current Assets, Long-Term Investments, Plant Assets, Intangible Assets, Current Liabilities, and Long-Term Liabilities. For each of the following items, identify the balance sheet category where the item would most likely appear Items Balance Sheet Category 1. Inventory 2. Bonds payable (due in 5 years) +Book 3. Print Store equipment. 4. Patents 5. Interest payable (due in 2 weeks) 6. Long-term notes payable 7. Franchises 8. Machinery References

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