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Common categories of a classified balance sheet include Current Assets, Long - Term Investments, Plant Assets, Intangible Assets, Current Liabilities, Long - Term Liabilities, and

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.
\table[[Account Title,Classification,Account Title],[1. Accounts receivable,,11. Prepaid Insurance (expires in 5 months)],[2. Accounts payable,,12. Trademarks],[3. Short-term investments,,13. Cash],[4. Taxes payable (Due in 5 weeks),Current liabilities,14. Patents],[5. Supplies,,15. Interest receivable],[6. Goodwill,16. Machinery,],[7. Office supplies,17. Prepaid rent (2 months of Rent),],[8. Franchises,18. Equipment,],[9. Store supplies,19. Repairs expense,],[10. Copyrights,20. Land,]]
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