Common categories of a classified balance sheet include Current Assets, Long-Term Investments, Plant Assets, Intangible Assets. Current Liabilities, Long-Term Liabilities, and Equity. For each of the following items, identify the balance sheet category where the item typically would best appear. If an item does not appear on the balance, indicate that instead. 1. Land Account Title 2. Depreciation expense-Building 3. Office equipment 4. Taxes payable (Due in 5 weeks) 5. Buildings 6. Bonds payable (due in 10 years) 7. Trucks 8. Mortgages payable (due in 6 years) 9. Automobiles 10. Notes payable (due in 3 years) Classification Plant assets Not on balance sheet Current assets Account Title) 11. Utilities expense 12. Services revenue 13. Notes receivable (due in 2 years) 14. Interest payable (due in 1 week) Long-term liabilities i 15. Long-term investment in stock 16. Wages payable 17. Office supplies 18. Salaries payable Classification Intangible assets 19. Merchandise inventory 20. Franchises Intangible assets