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 sheet, indicate that instead. Account Title 1. Merchandise inventory 2. Equipment 3. Rental revenue 4. Unearned revenue 5. Accounts receivable 6. Accounts payable 7. Short-term investments 8. Taxes payable (Due in 5 weeks) 9. Supplies 10. Goodwill Classification Account Title 11. Office supplies 12. Franchises 13. Store supplies 14. Copyrights 15. Prepaid Insurance (expires in 5 months) 16. Trademarks 17. Cash 18. Patents 19. Interest receivable 20. Machinery Classification