E4-16 Classifying balance sheet accounts Leaming Objective I For each account listed, identify the category that it would appear on a classified balance sheet. Use the following categories: Current Assets, Long-term Investments, Plant Assets, Intangible Assets, Current Liabilities, Long-term Liabilities, and Owner's Equity. If the item does not belong on the classificd balance shect, put an X. a. Land (ised in operabons) b. Accumulated Depreciation-Equiperent c. Teague, Capital d. Service fievenue e. Investment in Starbucks Corporation (to be held long-term) f. Accounts Recervible g. Equiprnent h. Buldings i. Notes Payable (the in 10 years) 1. Uneamed thewenue k. Carh 1. Accounts Payable m. Prepaid Rent n. Teague, Withidrawals o. Land (heid for investment purposes) p. Depreciation Expense