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box beside each numbered balance sheet item, select the letter of its balance sheet classification If the item should not appear on the balance sheet,
box beside each numbered balance sheet item, select the letter of its balance sheet classification If the item should not appear on the balance sheet, choose the letter Z from the selection choices A. Current assets B. Long-term investments C. Plant assets D. Intangible assets E. Current liabilities F. Long-term liabilities G. Equity Account Title Classification Account Title Classification 1. Long-term investment in stock 2 Depreciation expense-Building 3. Prepaid rent 4 Interest receivable 5 Taxes payable 6. Automobiles 7 Notes payable (due in 3 years) 8 Accounts payable 9 Prepaid insurance 10 Owner, Capital 11. Unearned services revenue 12 Accumulated depreciation-Trucks 13 Cash 14. Buildings 15 Store supplies 16 Office equipment 17 Land (used in operations) 18, Repairs expense 19 Office supplies 20 Current portion of long-term note payable
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