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Balance sheet classifications in the blank space beside each numbered balance sheet item entera letter of its balance sheet classification. If the item should not

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Balance sheet classifications in the blank space beside each numbered balance sheet item entera letter of its balance sheet classification. If the item should not appear on the balance sheet enter an h in the blank a) Current assets b) Long-term investments c) Property, plant and equipment d) Intangible assets e) Current liabilities f) Long-term liabilities g) Equity h) Does not appear on balance sheet 1 Depreciation expense, trucks . 2. Lee Hale, capital 3 . Interest receivable 4. Lee Hale, withdrawals 5. Automobiles 6. Notes payable (due in three years) 7 Accounts payable 8. Prepaid insurance 9. Land not currently used in business operations 10. Unearned services revenue 11. Accumulated depreciation, trucks 12. Cash 13. Building 14. Patent 15. Office equipment 16. Land (used in operations) 17. Repairs expense 18. Prepaid property taxes Notes payable (due in two months) 19. 20. Notes receivable (due in two years)

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