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balance sheet hade Curent Assets, Long-Term Investments, Plant Assets, tangible Assets bes, and tity. For each of the following dem, derafy the balance sheet category
balance sheet hade Curent Assets, Long-Term Investments, Plant Assets, tangible Assets bes, and tity. For each of the following dem, derafy the balance sheet category where the on does not appear on the balance, indicate that atrad Common Categories of a daised Carent Label, Long Term typically would best appar If an Tpye in Of C 11.D Ac 19 Depop-u 2 < Per 195 free > Common categories of a classified balance sheet include Current Assets, Long-Term Investments, Plant Assets, Intangible Assets, Current Liabilities, Long-Term Liabilities, and Equity. For each of the following items, identify the balance sheet category where the item typically would best appear. If an item does not appear on the balance, indicate that instead Account Title 1. Short-term investments Classification Account Title 11. Cash 2. Taxes payable (Due in 5 weeks) 3. Supplies 4. Goodwill 5. Office supplies 6. Franchises 7. Store supplies 8. Copyrights 9. Prepaid Insurance (expires in 5 months) 10. Trademarks 12 Patents 13. Interest receivable 14 Machinery 15 Prepaid rent (2 months of Rent) 16 Equipment 17 Repairs expense 18. Land 19. Depreciation expense-Building 20. Office equipment Classification
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