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Common categories of a classified balance sheet include Current Assets, Long - Term Investments, Plant Assets, Intangible Assets, Current Liabilities, and Long - Term Liabilities.
Common categories of a classified balance sheet include Current Assets, LongTerm Investments, Plant Assets, Intangible Assets, Current Liabilities, and LongTerm Liabilities. For each of the following items, identify the balance sheet category where the item would most likely appear.
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