Balance Sheet Classification State how each of the following accounts should be classified on the balance sheet. (a) Treasury Stock 0 Advances to Salespersons (b) Retained Earnings (m) Premium on Bonds Payable (c) Vacation Pay Payable (n) Inventory (d) Foreign Currency Translation Adjustment (o) Patents (e) Allowance for Bad Debts (p) Unclaimed Payroll Checks ( Liability for Pension Payments (q) Income Taxes Payable (g) Investment Securities (Trading) (1) Subscription Revenue Received in Advance (h) Paid-In Capital in Excess of Stated Value (s) Interest Payable (0) Leasehold improvements (1) Deferred Income Tax Asset 6) Goodwill (u) Tools (k) Receivables-U.S. Government Contracts () Deferred Income Tax Liability