BUS-FP3061 - Fundamental Accounting Principles Assessment 2, Part 1 Template Instructions: Using the following designations for balance sheet categories, place the designator in the column next to the account title. (CA) Current Asset . (LTA) - Long-term Asset (CL) Current Liability (LTL) Long-term Liability (EQ) - Equity Account Title Accounts Payable Equipment Prepaid rent Short-term investments Accounts receivable Land Common stock Cash Accumulated depreciation Goodwill Bonds payable Retained earnings Preferred stock Mortgage payable Salaries payable Allowance for uncollectibles Inventories Patent Income tax payable Short-term security deposits Balance Sheet Category