Classifying Accounts on the Balance Sheet Use the letters to k from the balance sheet classifications to indicate the usual classification for each of the 22 balance sheet items listed below Balance Sheet Classification Current assets Long-term h. Paisin cap Property, plant and equipment Benedig dintangible assets Accumulated other comprehensive Income Others Noncontri interest Current abilities trents b d 1 Balance Sheet item Preferred to 2. Accrued salaries 3. Long-term receivable 4 Cash surrender te of life insurance Sincome tax payable 6.Current maturities of 10 year bond payable 7. Interest payable Work in processinentory 9. Long decalable due to a convocation 10. Copyright 11 Accounts receivable-trade 12. Accumulated depreciation equipment 12. Land on use 1. Ovdend payable 15. Nove receivable vein 2 yas 16 Last month rent one year as received in advance = TR Landhed for specon 1. Prepaid insurance 16-month prepayments 20. Accrued its expense 21. Pidin capital in excess of paroon stock 22 Notepabein month e