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Classified statement of financial positions commonly include the following categories. Indicate the typical classification of each item listed below by placing the correct statement of

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Classified statement of financial positions commonly include the following categories. Indicate the typical classification of each item listed below by placing the correct statement of financial position category 1 through 6. 1 Equity 2 Current assets 3 Long-term liabilities 4 Property, plant and equipment 5 Intangible assets 6 Current liabilities Prepaid expenses Choose... Short-term Investments Choose... Shares Choose... Bonds payable Choose... Equipment Choose... Trademarks Choose... Interest payable Choose... Unearned revenues Choose... Question 12

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