s Questions and Problems 8 of 12 + 80% mercura Aca 29. Valuation of Balance Sheet Items. Use the code letters listed below (a - 1) to indicate, for each balance sheet item (1-13) listed below the usual valuation reported on the balance sheet. 1. Common stock 8. Long-term bonds payable 2. Prepaid insurance 9. Land (in use) 3. Natural resources 10. Land (future plant site) 4. Property, plant, and equipment 11. Patents 5. Accounts receivable 12. Equity investments (trading) 6. Copyrights 13. Accounts payable 7. Inventory a. Par value b. Current cost of replacement c. Amount payable when due, less unamortized discount or plus unamortized premium d. Amount payable when due e. Market value at balance sheet date f. Net realizable value g. Lower of cost or market h. Original cost less accumulated amortization i. Original cost less accumulated depletion j. Original cost less accumulated depreciation k. Historical cost 1. Unexpired or unconsumed cost E - *