Balance Sheet classifications. Indicate the appropriate placement on the balance sheet for each of the following items by placing the corresponding letter in the space provided. If a contra account, or any amount that is negative or opposite the normal balance, put parentheses around the letter selected. A letter may be used more than once or not at all. Assets Liabilities Shareholders' Equity A. Cash & cash equivalents F. Current liabilities H. Paid-in capital B. Other current assets G. Long-term debt J. Retained earnings C. Long-term investments D. Property, plant & equipment K. Notes to financial statements E. Intangible assets L. Is not reported in the Balance Sheet 1. Accrued salaries and wages 2. Rental revenues for 3 months collected in advance 3. Land used as plant site 4. Equity securities classified as trading 5. Cash 6. Accrued interest payable due in 30 days 7. Paid in capital in excess of par - preferred 8. Investment in commercial paper due in 30 days 9. Petty cash fund 10. Unamortized discount on bonds payable due 2019 11. Common stock at par value 12. Bond indenture covenants 13. Unamortized premium on bonds payable due in 2019 14. Allowance for doubtful accounts 15. Accumulated depreciation 16.Natural resource-timberlands 17. Deficit (a negative balance in Retained Earnings. This happens when a company's yearly net income is less than its accumulated net losses) 18. Goodwill 90 day notes payable 20. Investment in bonds of another company, will be held to 2019 maturity 21. Land held for speculation 22. Death of company president Current maturity of bonds payable 24. Investment in subsidiary, no plans to sell in near future 25. Trade accounts payable 26. Preferred stock ($10 par)