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For each account listed, identify the category in which it would appear on a classified balance sheet. Account 1. Patents 2. Mortgage Payable (due
For each account listed, identify the category in which it would appear on a classified balance sheet. Account 1. Patents 2. Mortgage Payable (due in five years) 3. Land 4. Supplies 5. Unearned Revenue Category Current assets Current liabilities 6. Investments in stock of another company held long-term 7. Accumulated Depreciation-Furniture Intangible assets Long-term investments Long-term liabilities Property, plant, and equipment Stockholders' equity
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