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Problem 4-1A Determining balance sheet classifications LO C3 From the dropdown box beside each numbered balance sheet item, select the letter of its balance sheet

Problem 4-1A Determining balance sheet classifications LO C3

From the dropdown box beside each numbered balance sheet item, select the letter of its balance sheet classification. If the item should not appear on the balance sheet, choose the letter Z from the selection choices.

A.

Current assets

B.

Long-term investments

C.

Plant assets

D.

Intangible assets

E.

Current liabilities

F.

Long-term liabilities

G.

Equity

Account Title

Classification

Account Title

Classification

1.

Long-term investment in stock

11.

Unearned services revenue

2.

Depreciation expense

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