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QUESTION 14 Classified balance sheets commonly include the following categories. a. Current assets b. Long-term investments c. Plant assets d. Intangible assets e. Current liabilities

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QUESTION 14 Classified balance sheets commonly include the following categories. a. Current assets b. Long-term investments c. Plant assets d. Intangible assets e. Current liabilities f. Long-term liabilities g Equity Indicate the typical classification of each item below by placing the letter of the correct balance sheet category a through g in the blank space next to the item. 1)Equipment used in business operations 2)Store Supplies 3)Investment maturing in two years 4) Long-term Note Payable 5)Prepaid Rent 6)D. Flanders, Capital 7)Accounts Payable 8)Current portion of long.term debt 9)Trademarks 10)Wages Payable 11) Accounts Receivable 12) Cash T TIT Paragraph, Arial , 3(12pt) -. E. T,,.. to save all

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