ignment S Brief Exercise 4-8 Classify each of the following accounts taken from Faust Company's balance sheet. Accounts payable Accounts receivable Cash Long-term Investments Intangible Assets Property, Plant, and Equipment Current Assets Long-term Liabilities Current Liabilities Owner's Equity L. Dawn, capital Patents Accumulated depreciation--equipment > Buildings Land (in use) ere to search ORI E hp % & 3 5 6 8 9 Salaries payable Merchandise inventory Short-term investments (to be sold in 7 months) Buildings Land (in use)