E5.2 (LO 1, 2) (Classification of Statement of Financial Position Accounts) Presented below are the captions of Nikos SpA's statement of financial position. a. Non-current assets. 1. Investments. 2. Property, plant, and equipment. 3. Intangible assets. 4. Other assets. b. Current assets. c. Equity. d. Non-current liabilities. e. Current liabilities. Instructions Indicate by letter where each of the following items would be classified. 1. Share capital-preference. 2. Goodwill. 3. Salaries and wages payable. 4. Accounts payable. 5. Buildings. 6. Trading securities. 7. Current portion of long-term debt. 8. Patents. 9. Allowance for doubtful accounts. 10. Accounts receivable. 11. Accumulated other comprehensive income. 12. Notes payable (due next year). 13. Supplies. 14. Share capital-ordinary. 15. Land. 16. Bond sinking fund. 17. Inventory. 18. Prepaid insurance. 19. Bonds payable. 20. Income taxes payable.

F5-2 ( LO1. 2) (Classifiention of Statement of Financial Position Accounts) Presented below are the captions of Nikos SpA's statement of financial position. a. Non-current assets. 1. Investments. 2. Property, plant, and equipment. 3. Intangible assets. 4. Other assets. b. Current assets. c. Equity. d. Non-current liabilities. e. Current liabilities. Instructions Indicate by letter where each of the following items would be classified. 1. Share capital-preference. 2. Goodwill. 3. Salaries and wages payable. 4. Accounts payable. 5. Buildings. 6. Trading securities. 7. Current portion of long-term debt. 8. Patents. 9. Allowance for doubtful accounts. 10. Accounts receivable, 11. Accumulated other comprehensive income. 12. Notes payable (due next year). 13. Supplies. 14. Share capital-ordinary. 15. Land. 16. Bond sinking fund. 17. Inventory. 18. Prepaid insurance. 19. Bonds payable