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From the dropdown box beside each numbered balance sheet item, select the letter of its balance sheet classification. If the item should not appear on

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From the dropdown box beside each numbered balance sheet item, select the letter of its balance sheet classification. If the item should not appear on the balance sheet, choose the letter Z from the selection choices A. Current assets B. Long-term investments C. Plant assets D. Intangible assets E. Current liabilities F. Long-term liabilities G. Equity H. Contra assets Account Title Classification Account Title Classification 1. Automobiles 2. Prepaid insurance 3. Rent payable 4. Interest receivable 5. Notes payable (due in 3 years) 6. Short-term investments 7. Bonds payable (due in 7 years) 8. Accounts payable 9. Prepaid rent 10. Unearned services revenue 11. Store supplies 12. Taxes payable (due in 1 month) 13. Mortgages payable (due in 5 years) 14. Salaries payable 15. Repairs expense 16. Short-term notes receivable 17. Common stock 18. Cash 19. Factory equipment 20. Land (used in operations)

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