E4-17 (book/static)Question Help

For each accountlisted, identify the category that it would appear on a classified balance sheet. Use the followingcategories: CurrentAssets; Long-termInvestments; Property,Plant, andEquipment; IntangibleAssets; CurrentLiabilities; Long-termLiabilities; andOwner's Equity. If the item does not belong on the classified balancesheet, put an X.

.

Land (used in operations)

b.Accumulated Depreciation-Equipment

c.Reed, Capital

d.Service Revenue

e.Investment in Starbucks Corporation

(to be held long-term)