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In the blank space beside each numbered item in the statement of financial position, enter the letter of its statement classification. A. Current assets B.

In the blank space beside each numbered item in the statement of financial position, enter the letter of its statement classification.

A. Current assets

B. Current liabilities

C. Long-term liabilities

D. Investments

E. Owner's equity

F. Intangible assets

G. Plant and Equipment

H. Nothing

1. Cash

2. Investment in ABC shares (to be sold in 30 days)

3. Vehicles

4. Notes payable due in 4 years

5. Copyright

6. Prepaid property taxes

7. Land (used in operations)

8. Interest receivable

9. Trademark

10. Prepaid rent

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