PROBLEM $04-$ MATCHING

For the list of accounts below, select the balance sheet category in which that account should be classified.

a$.$ Current Assets

b$.$ Investments

c$.$ Property, Plant, and Equipment

d$.$ Intangible Assets

e$.$ Current Liabilities

f$.$ Long$-$Term Debt

g$.$ Other Long$-$Term Liabilities

h$.$ Share Capital

i$.$ Contributed Surplus

j$.$ Retained Earnings

Accounts:

Furniture and Fixtures

Liability for Pensions

Accumulated Depreciation

Future Income Tax Obligation

Capitalized Lease Obligation

Land

Notes Payable $($due in five years$)$

Common Stock

Withholding Taxes Payable

Cash

Convertible Bonds Payable $($convertible into common or preferred shares$)$

Advances to Suppliers

Sinking Fund for Retirement of Bonds

Supplies

Prepaid Rent

Income Taxes Payable

Investment in Bonds $($for a long$-$term purpose$)$

Interest Recelvable

Accounts Receivable

Excess of Proceeds over Par Value on Issue of Preferred Shares

Rent Recelved in Advance

Treasury Shares

Temporary Investments

Accounts Payable

Organization Costs

Building

Patent

Mortgage Payable $($due in one year$)$

Work$-$in$-$Process Inventory

Prepaid Insurance

Advances from Customers

Bonds Payable