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8 Select the balance sheet category where the items given would best typically appear. Items 1. Notes payable (due in three years) 2. Prepaid

8 Select the balance sheet category where the items given would best typically appear. Items 1. Notes payable (due in three years) 2. Prepaid rent (expires in 3 weeks) 1.74 points 3. Wages payable 4. Equipment 00:20:17 5. Copyrights 6. Merchandise inventory 7. Franchises 8. Store equipment Balance Sheet Category Current assets Current assets Plant assets

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