Instructions: Match each of the following accounts to its proper balance sheet classification, shown below. Current assets (CA) Current liabilities (CL) Long-term investments (LTI) Long-term liabilities (LTL) Property, plant, and equipment (PPE) Owner's equity (OE) Intangible assets (IA) 4. Blue Company made the following errors in recording merchandising transactions. This is due to an inexperienced accountant a. A cash payment of OMR 20 for freight on merchandise purchases was debited to Freight-out OMR 200 and credited to Cash OMR 200. b. A OMR 300 refund to a customer for faulty merchandise was debited to Sales Revenue OMR 300 and credited to Cash OMR 300. c. A OMR 210 sales discount was debited to Sales Revenue