Objective: This activity has the purpose of helping students identify the sections of a classified balance sheet. Student Instructions: 1. Match each of the following accounts to its proper balance sheet classification. 2. You only have one opportunity to answer it. 3. Value points: (24 pts.) 4. Due date is on Saturday at 11:59 PM by the end of this week. The following are the major balance sheet classifications: Current assets (CA) Long-term investments (LTI Property, plant, and equipment (PPE) Intangible assets (IA) Current liabilities (CL) Long-term liabilities (LTL) Common stock (CS) Retained earnings (RE) Match cach of the following accounts to its proper balance sheet classification. Accounts payable Accounts receivable Accumulated depreciation Buildings Cash Goodwill Income taxes payable Investment in long-term bonds Land Inventory Patent Supplies