Problem VIII - Classified Balance Shcet (Placement Order) Instructions: Identify the proper placement order of the following accounts (in a classified balance sheet) by using the numerals 1 through 20. (2) Accounts receivable () Land ( 1) Cash ( ) Retained earnings ( ) Common stock ( ) Paid-in capital from treasury stock transactions ( ) Accumulated other comprehensive income ( ) Premium on bonds payable (.) Paid in capital in excess of par - preferred stock ( ) Stock investments (fair value, long-term) ( ) Debt investments (trading) ( ) Bonds payable ( ) Paid-in capital in excess of par-common stock (.) Stock investments (at equity) ( ) Allowance for doubtful accounts ( ) Prepaid insurance ( ) Preferred stock () Accounts payable ( ) Patents (.) Treasury stock