Classifying Balance Sheet Accounts

Classify the following amounts as (a) current assets, (b) investments, (c) property, plant, and equipment, (d) other assets, (e) current liabilities, (f) long-term liabilities, (g) paid-in capital, or (h)retained earnings.

1. investment in common stock of subsidiary

2. deferred tax liability, net

3. no-par common stock

4. accumulated depreciation

5. investment in U.S. Treasury bills