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Current Attempt in Progress Classify each of the following accounts taken from Faust Companys balance sheet. select a balance sheet item: Property, Plant, and Equipment,Owners

Current Attempt in Progress

Classify each of the following accounts taken from Faust Companys balance sheet.

select a balance sheet item: Property, Plant, and Equipment,Owners Equity,Current Assets,Long-term Investments,Long-term Liabilities,Current Liabilities, Intangible Assets

Accounts payable

Accounts receivable

Cash

L. Dawn, capital

Patents

Salaries payable

Merchandise inventory

Short-term investments (to be sold in 7 months)

Accumulated depreciationequipment

Buildings

Land (in use)

Notes payable (due in 2 years)

Supplies

Equipment

Prepaid expenses

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