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BSBA 2201 #2 CHAPTERS 3&4 eroblem #4 1(10 points) ing lettered items represent a classification scheme for a balance sheet, and the numbered The followi

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BSBA 2201 #2 CHAPTERS 3&4 eroblem #4 1(10 points) ing lettered items represent a classification scheme for a balance sheet, and the numbered The followi items represent accounts found on balance sheets. In the blank next to each account, write the letter indicating to which category it belongs. A. Current assets B. Long-term investments C. Property, plant, and equipment D. Intangible assets E. Current liabilities F. Long-term liabilities G. Owner's equity H. Not on the balance sheet 1. Accumulated Depreciation 2. Owner's Capital 3. Interest Expense 4. Salaries and Wages Payable 5. Owner's Drawings 6. Inventory 7. Patents 8. Prepaid Insurance 9. Mortgage Payable 10. Land Held for Investment

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