$4$

$2$ points

L$05\mathrm{.}3$ For each of the following accounts, identify in which section of the classified balance sheet it would be presented: current assets, band, cyrrent llabilter lors term liabilities, or stockholder's equity.

Inventory $q,$ Current Asset:

Land $q,$ Cirrent Acsets

Wages Payable $q,$

Fixed Assets $($LT Auseta$)$

Stockholders' Equity

$q,$ Long Term Labilities

Note Payable due in $2$ ycars

Current Liabalities

Retained Earnings $q,$ Stockholders Equily