extensive wireless networks in the United States. Verizon now serves more than 100 million customers, making it the largest wireless service provider in the United States in terms of the total number of customers. The following are accounts from a recent balance sheet for Verizon: Required: For each account, select whether the account is usually classified as a current asset (CA), noncurrent asset (NCA), current liability (CL). noncurrent liability (NCL), or stockholders' equity (SE) item and whether the account usually has a debit or credit balance. Balance Sheet Classification Debitor Credit Balance CA CL Account (1) Accounts Receivable (2) Retained Earnings (3) Accrued Expenses Payable (4) Prepaid Expenses (5) Common Stock (6) Long-Term Investments (7) Plant, Property, and Equipment (8) Accounts Payable (9) Short-Term Investments (10) Long-Term Debt NCA NCL SE Account Balance Sheet Classification Debit or Credit Balance Debit (1) Accounts Receivable (2) Retained Earnings (3) Accrued Expenses Payable (4) Prepaid Expenses (5) Common Stock (6) Long-Term Investments (7) Plant, Property, and Equipment (8) Accounts Payable (9) Short-Term Investments (10) Long-Term Debt Credit