Balance Sheet - which of the following is incorrect?

	A.	We can discuss the balance sheet items in terms of whether they are operating or nonoperating.
	B.	A classified balance sheet highlights the differences between operating and nonoperating categories of assets and liabilities.
	C.	The balance sheet represents the accounting equation of assets = liabilities + owners' equity.
	D.	A classified balance sheet highlights current assets, long-term assets, current liabilities, long-term liabilities and owners' equity.